Monaco considers its strategic options

[Route 66]

Monaco Coach Corporation announced today that it has engaged Imperial Capital, LLC as a financial advisor to assist the Company with its evaluation of strategic alternatives.

The rest of the story HERE.

[Route 66]

Monaco Coach Corporation announced today that it has engaged Imperial Capital, LLC as a financial advisor to assist the Company with its evaluation of strategic alternatives.

The rest of the story HERE.

[cb5300]

Don't know if this is good or bad....

[Jim Stewart]

Could go either way! Usually this type of announcement is made as a broadcast message that they are open to offers!

[Drifter]

Just another way to say were for sale and have a active management team that wants to be involved.

[itdave]

I guess its better than just going BK as many others have. Good thing we have a group like this in case tech support goes away.

[-Gramps-]

I think it's a good thing. They are considering selling assets, such as their Signature resorts, for cash to float their core business. It is a proactive position to take not a reactive one. They need to do what they can to survive the next 160 days and then sales will start to uptick again as the economy starts to warm back up.

[InflatableBoats4Less]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">They need to do what they can to survive the next 160 days and then sales will start to uptick again as the economy starts to warm back up. </div></BLOCKQUOTE>

Oh I hope you're right...! Nice to see a beacon in the night...thanks!

[cb5300]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by -Gramps-:
They need to do what they can to survive the next 160 days and then sales will start to uptick again as the economy starts to warm back up. </div></BLOCKQUOTE>

And what crystal ball are you looking at? The last report I heard (CNN, MSNCB, etc) state that 2009 will be a worst year than 2008 for retail...I hope you're right, but I'm afraid that we are in for a long and bumpy ride.

[Route 66]

Is hedge fund calling the shots at Monaco?

[-Gramps-]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by cb5300:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by -Gramps-:
They need to do what they can to survive the next 160 days and then sales will start to uptick again as the economy starts to warm back up. </div></BLOCKQUOTE>

And what crystal ball are you looking at? The last report I heard (CNN, MSNCB, etc) state that 2009 will be a worst year than 2008 for retail...I hope you're right, but I'm afraid that we are in for a long and bumpy ride. </div></BLOCKQUOTE>

It's not a crystal ball..it's 18 years of owning my own business and keeping records of all the buying trends of my customers during all types of economic weather conditions. Right now my buisness is very vertical...80 percent of my sales are to medical practices, because they have the money right now. People are worring themselves sick I guess. Very few calls from mom and pop industries, none from car dealers, and none from my mortgage compaines. I have been here before right after 9/11. That lasted 18 months. The financial market collapse didn't cause this recession, it was the other way around. We had already been in a recession since 12/07 so if the trend repeats we should see that we are coming out by June or July of the latest of this year. If fuel prices stay below around 2 bucks a gallon and income starts to rise, which includes the stock market, then credit will loosen up, so will people's wallets and as a result more RV sales.

[-Gramps-]

CB, once last observation. This will be a rough year for retail but it depends on what segment of that market you are looking at. Car sales..they are being hit hard right now, but they normally improve some during warm months as does most everything else. Clothing, fashions, the bulk of those sales will continue to shift from high end malls and boutiques to brand name outlets, and other discounters. Candy and other snack sales, liquor, fast food, and entertainment will ride a wave until the ecomony goes up. People in hard times are always looking for something to make them feel better, even if it is only temprorary. Right now Hormel can't make enough SPAM to meet the demand for their product.

[cb5300]

Well, I own a large insurance firm and I'm seeing layoffs across the board from almost all of our insured groups. So I would say that MOST industry is being hit. I also own a art gallery/gift shop and I'm seeing sales down there also. As I said earlier, I hope you are right, but my gut feeling is otherwise, unless of course the new elected govt. can turn things around....dang, I just made a funny..

[RustyJC]

<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by -Gramps-:
Right now Hormel can't make enough SPAM to meet the demand for their product. </div></BLOCKQUOTE>
Oh my gosh - a Spam shortage!! Now this is serious!!

Rusty