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Eric
You've convinced me! When is the stock offering - so I can buy some Elecraft Shares? [I've been selling Elecraft radios for free and I'd like to cash in, to get paid for it. Owning the stock would do the trick. Please? ] Eric Manning VA7DZ Eric Swartz said: We are well past working from our basements.:-) A few data points: 1. Since shipping our first K2 from Aptos in January of 1999, Elecraft has grown into a healthy multi-million dollar high-tech company with a broad product line. We have -zero- debt, own all of our inventory, and have a healthy, and very stable, balance sheet. We build our products here in California, just outside of Silicon Valley. We are structured to be here for a long time, and certainly longer than most hams keep a particular rig. We want Elecraft to outlast both of us. 3. How did we do that? Elecraft designs great, high value, products that are fun to use. And our products, like the K3, continue to improve and get new features even -after- you buy them. We run a stable and tight financial ship - carefully trading off an internally financed growth rate versus risk and cash needs. We work hard. We hire great people who continually amaze us with their intelligence, creativity and work ethic. Our customer support team is one of the best. And we enjoy our work. 4. We also carefully listen to, and interact with, our customers daily. We are focused on being the most responsive, and fun, ham radio company to buy from - period. 5. Wayne and I are both healthy guys - a very long way from retirement. We are having a great time bulding and running Elecraft, and plan to do so for some time. But we are not the only people who continue to make Elecraft successful. 6. Our well staffed engineering design team is diverse and strong. I'd wager that it is as large as, or larger, than many HF rig design teams at our competitors. We are well past two guys doing all of the design in our basement labs. Our engineering, support, manufacturing and management people are top notch, with a lot of depth. We have a great team and plan to keep building it for the long haul. 7. We haven't been a 'QRP Only Company' for some time. Yes, in 1999 we first targeted at the QRP market since it was tightly focused, easily marketed to, and was our fastest path to a first product. Its still a great market, too. But we always planned to also offer 100W high-performance rigs, both kit and factory assembled, to compete against the best HF rigs from other QRO manufacturers. That's the major part of the market. I think you can agree we have more than succeeded in that area with the K2 and now the K3. The majority of our rigs go out the door at 100W. We are continually designing a diverse product line, ranging from QRP to QRO. The KPA500, now going into field test, is definitely -not- QRP;-) But stay tuned for more QRP offerings too! 9. Most important, we have incredibly enthusiastic and supportive customers. You make it fun for us! By telling your friends about Elecraft, the K3, and our other products, you keep us in business every day. You are our best salespeople. The more you enthusiastically tell your friends about our products, in person and on the air, the more new products we can design and sell. In today's economic environment, more than ever, this is incredibly important to us. Please - keep up the great work. We really appreciate it! 73, Eric WA6HHQ www.elecraft.com -- This message has been scanned for viruses and dangerous content by MailScanner, and is believed to be clean. ______________________________________________________________ Elecraft mailing list Home: http://mailman.qth.net/mailman/listinfo/elecraft Help: http://mailman.qth.net/mmfaq.htm Post: mailto:[hidden email] This list hosted by: http://www.qsl.net Please help support this email list: http://www.qsl.net/donate.html |
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Count me in on a stock purchase...
73 Gene K1NR K2 6K On Wed, 01 Dec 2010 22:42:57 -0800 eric manning <[hidden email]> wrote: > Eric > You've convinced me! When is the stock offering - so I > can buy some Elecraft Shares? > [I've been selling Elecraft radios for free and I'd like > to cash in, to get paid for it. > Owning the stock would do the trick. > Please? ] > > Eric Manning > VA7DZ > > > Eric Swartz said: > > We are well past working from our basements.:-) > > A few data points: > > 1. Since shipping our first K2 from Aptos in January of > 1999, Elecraft > has grown into a healthy multi-million dollar high-tech > company with a > broad product line. We have -zero- debt, own all of our > inventory, and > have a healthy, and very stable, balance sheet. We build > our products > here in California, just outside of Silicon Valley. We > are structured to > be here for a long time, and certainly longer than most > hams keep a > particular rig. We want Elecraft to outlast both of us. > > 3. How did we do that? Elecraft designs great, high > value, products that > are fun to use. And our products, like the K3, continue > to improve and > get new features even -after- you buy them. We run a > stable and tight > financial ship - carefully trading off an internally > financed growth > rate versus risk and cash needs. We work hard. We hire > great people who > continually amaze us with their intelligence, creativity > and work > ethic. Our customer support team is one of the best. And > we enjoy our work. > > 4. We also carefully listen to, and interact with, our > customers daily. > We are focused on being the most responsive, and fun, ham > radio company > to buy from - period. > > 5. Wayne and I are both healthy guys - a very long way > from retirement. > We are having a great time bulding and running Elecraft, > and plan to do > so for some time. But we are not the only people who > continue to make > Elecraft successful. > > 6. Our well staffed engineering design team is diverse > and strong. I'd > wager that it is as large as, or larger, than many HF rig > design teams > at our competitors. We are well past two guys doing all > of the design in > our basement labs. Our engineering, support, > manufacturing and > management people are top notch, with a lot of depth. We > have a great > team and plan to keep building it for the long haul. > > 7. We haven't been a 'QRP Only Company' for some time. > Yes, in 1999 we > first targeted at the QRP market since it was tightly > focused, easily > marketed to, and was our fastest path to a first product. > Its still a > great market, too. But we always planned to also offer > 100W > high-performance rigs, both kit and factory assembled, to > compete > against the best HF rigs from other QRO manufacturers. > That's the major > part of the market. I think you can agree we have more > than succeeded in > that area with the K2 and now the K3. > > The majority of our rigs go out the door at 100W. We are > continually > designing a diverse product line, ranging from QRP to > QRO. The KPA500, > now going into field test, is definitely -not- QRP;-) > But stay tuned > for more QRP offerings too! > > 9. Most important, we have incredibly enthusiastic and > supportive > customers. You make it fun for us! By telling your > friends about > Elecraft, the K3, and our other products, you keep us in > business every > day. > > You are our best salespeople. The more you > enthusiastically tell your > friends about our products, in person and on the air, the > more new > products we can design and sell. In today's economic > environment, more > than ever, this is incredibly important to us. Please - > keep up the > great work. We really appreciate it! > > 73, Eric WA6HHQ > > www.elecraft.com > > > -- > This message has been scanned for viruses and > dangerous content by MailScanner, and is > believed to be clean. > > > Elecraft mailing list > Home: http://mailman.qth.net/mailman/listinfo/elecraft > Help: http://mailman.qth.net/mmfaq.htm > Post: mailto:[hidden email] > > This list hosted by: http://www.qsl.net > Please help support this email list: > http://www.qsl.net/donate.html --------------------------------------------------------------------- Web mail provided by NuNet, Inc. The Premier National provider. http://www.nni.com/ ______________________________________________________________ Elecraft mailing list Home: http://mailman.qth.net/mailman/listinfo/elecraft Help: http://mailman.qth.net/mmfaq.htm Post: mailto:[hidden email] This list hosted by: http://www.qsl.net Please help support this email list: http://www.qsl.net/donate.html |
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I'd buy in a heartbeat as well -
But, from their (Elecraft's) standpoint: Why would they want to dilute their ownership and make themselves subject to all of the additional scrutiny and hassles that go with being a public company? And, why would we (customers) want them to potentially screw up a good thing? Clay N7QNM > Count me in on a stock purchase... > > 73 > > Gene K1NR > K2 6K > > On Wed, 01 Dec 2010 22:42:57 -0800 > eric manning <[hidden email]> wrote: >> Eric >> You've convinced me! When is the stock offering - so I >> can buy some Elecraft Shares? >> [I've been selling Elecraft radios for free and I'd like >> to cash in, to get paid for it. >> Owning the stock would do the trick. >> Please? ] >> >> Eric Manning >> VA7DZ >> >> >> Eric Swartz said: >> >> We are well past working from our basements.:-) >> >> A few data points: >> >> 1. Since shipping our first K2 from Aptos in January of >> 1999, Elecraft >> has grown into a healthy multi-million dollar high-tech >> company with a >> broad product line. We have -zero- debt, own all of our >> inventory, and >> have a healthy, and very stable, balance sheet. We build >> our products >> here in California, just outside of Silicon Valley. We >> are structured to >> be here for a long time, and certainly longer than most >> hams keep a >> particular rig. We want Elecraft to outlast both of us. >> >> 3. How did we do that? Elecraft designs great, high >> value, products that >> are fun to use. And our products, like the K3, continue >> to improve and >> get new features even -after- you buy them. We run a >> stable and tight >> financial ship - carefully trading off an internally >> financed growth >> rate versus risk and cash needs. We work hard. We hire >> great people who >> continually amaze us with their intelligence, creativity >> and work >> ethic. Our customer support team is one of the best. And >> we enjoy our work. >> >> 4. We also carefully listen to, and interact with, our >> customers daily. >> We are focused on being the most responsive, and fun, ham >> radio company >> to buy from - period. >> >> 5. Wayne and I are both healthy guys - a very long way >> from retirement. >> We are having a great time bulding and running Elecraft, >> and plan to do >> so for some time. But we are not the only people who >> continue to make >> Elecraft successful. >> >> 6. Our well staffed engineering design team is diverse >> and strong. I'd >> wager that it is as large as, or larger, than many HF rig >> design teams >> at our competitors. We are well past two guys doing all >> of the design in >> our basement labs. Our engineering, support, >> manufacturing and >> management people are top notch, with a lot of depth. We >> have a great >> team and plan to keep building it for the long haul. >> >> 7. We haven't been a 'QRP Only Company' for some time. >> Yes, in 1999 we >> first targeted at the QRP market since it was tightly >> focused, easily >> marketed to, and was our fastest path to a first product. >> Its still a >> great market, too. But we always planned to also offer >> 100W >> high-performance rigs, both kit and factory assembled, to >> compete >> against the best HF rigs from other QRO manufacturers. >> That's the major >> part of the market. I think you can agree we have more >> than succeeded in >> that area with the K2 and now the K3. >> >> The majority of our rigs go out the door at 100W. We are >> continually >> designing a diverse product line, ranging from QRP to >> QRO. The KPA500, >> now going into field test, is definitely -not- QRP;-) >> But stay tuned >> for more QRP offerings too! >> >> 9. Most important, we have incredibly enthusiastic and >> supportive >> customers. You make it fun for us! By telling your >> friends about >> Elecraft, the K3, and our other products, you keep us in >> business every >> day. >> >> You are our best salespeople. The more you >> enthusiastically tell your >> friends about our products, in person and on the air, the >> more new >> products we can design and sell. In today's economic >> environment, more >> than ever, this is incredibly important to us. Please - >> keep up the >> great work. We really appreciate it! >> >> 73, Eric WA6HHQ >> >> www.elecraft.com >> >> >> -- >> This message has been scanned for viruses and >> dangerous content by MailScanner, and is >> believed to be clean. >> >> > ______________________________________________________________ >> Elecraft mailing list >> Home: http://mailman.qth.net/mailman/listinfo/elecraft >> Help: http://mailman.qth.net/mmfaq.htm >> Post: mailto:[hidden email] >> >> This list hosted by: http://www.qsl.net >> Please help support this email list: >> http://www.qsl.net/donate.html > > --------------------------------------------------------------------- > Web mail provided by NuNet, Inc. The Premier National provider. > http://www.nni.com/ > ______________________________________________________________ > Elecraft mailing list > Home: http://mailman.qth.net/mailman/listinfo/elecraft > Help: http://mailman.qth.net/mmfaq.htm > Post: mailto:[hidden email] > > This list hosted by: http://www.qsl.net > Please help support this email list: http://www.qsl.net/donate.html > > ______________________________________________________________ Elecraft mailing list Home: http://mailman.qth.net/mailman/listinfo/elecraft Help: http://mailman.qth.net/mmfaq.htm Post: mailto:[hidden email] This list hosted by: http://www.qsl.net Please help support this email list: http://www.qsl.net/donate.html |
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* On 2010 02 Dec 10:11 -0600, [hidden email] wrote:
> I'd buy in a heartbeat as well - > > But, from their (Elecraft's) standpoint: > Why would they want to dilute their ownership and make themselves subject > to all of the additional scrutiny and hassles that go with being a public > company? As I see it, while it isn't a piece of paper, it seems like I already have a share in this endeavor. > And, why would we (customers) want them to potentially screw up a good thing? I don't. Clearly, being a private concern gives them flexibility and control they may not have otherwise. 73, de Nate >> -- "The optimist proclaims that we live in the best of all possible worlds. The pessimist fears this is true." Ham radio, Linux, bikes, and more: http://n0nb.us/index.html ______________________________________________________________ Elecraft mailing list Home: http://mailman.qth.net/mailman/listinfo/elecraft Help: http://mailman.qth.net/mmfaq.htm Post: mailto:[hidden email] This list hosted by: http://www.qsl.net Please help support this email list: http://www.qsl.net/donate.html |
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In reply to this post by clayj
Because when a company goes public, the original shareholders of the private entity make a fortune. Barry W2UP |
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