Re: Dorel buys Cannondale. Oh noes?

Rick Johnson

2008-02-04


The word is that there will be two separate divisions - Cannondale
Sports Group will be the premium division.



"The Cannondale Sports Group, which will target the independent bicycle
dealer and be separate from the mass-market line, will include
Cannondale, Sugoi, GT and the company’s other premium bicycle brands,
presumably Schwinn and Mongoose. Cannondale Sports has already stated
that it plans to seek acquisitions of similar high-quality brands."



http://www.velonews.com/article/71784



Rick



Ron and Dorothy Strasser wrote:


I do not think going into the "Motorcycle" business helped them in any 

manner. Good luck with your headshock. I still think the best part of the
headshock was the neat logo of the dudewith the huge forehead and their
thoughtful merchandise produced when they were in with Sobe. I still
believe the best thing they produced was the Lefty. But hey, I have not
owned a Cannondale for about two years and survived just fine. They
probably will produce a bunch of low end stuff and sell them in the very
places you suspect (Kmart etc) but still make some pretty good bikes.
Quality is one thing and stock growth is yet another. If push comes to
shove we know which one wins.
just my two shares worth.
ron
----- Original Message -----
From: "Randy Dreiling" <raggy23@yahoo.com>
To: <obra@list.obra.org>
Sent: Monday, February 04, 2008 1:55 PM
Subject: Re: [OBRA Chat] Dorel buys Cannondale. Oh noes?



True story

There use to be a history of Schwinn calendar about 5 years ago and on the
time line in 1984 it said " Thought Mountain Bikes would be a fad OOOPS!"

Randy Dreiling

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