' may not be long now...

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Tom Coffey
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Re: ' may not be long now...

Post by Tom Coffey »

Brought down by "debt instruments..."
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WilliamVance
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Re: ' may not be long now...

Post by WilliamVance »

Don't they own ww & bw, and music123? I got a great "best offer" on a 1291 BBb. They are taking thousands less than the buy it now price if the offer that option on the eBay listings... :P
Bill Vance
Martin-King 6/4 custom 4V BBb Tuba
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Heavy_Metal
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Re: ' may not be long now...

Post by Heavy_Metal »

Two words: "Bain Capital". In other words, given the publicity that company has gotten, we shouldn't be surprised.
Principal tuba, Bel Air Community Band
Old (early 1900s?) Alexander BBb proto-163
1976 Sonora (B&S 101) 4-rotor BBb
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bort
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Re: ' may not be long now...

Post by bort »

Heavy_Metal wrote:Two words: "Bain Capital". In other words, given the publicity that company has gotten, we shouldn't be surprised.
Oh come on... :roll:
Bob Kolada
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Re: ' may not be long now...

Post by Bob Kolada »

WilliamVance wrote:Don't they own ww & bw, and music123? I got a great "best offer" on a 1291 BBb. They are taking thousands less than the buy it now price if the offer that option on the eBay listings... :P

Congrats!
Bob Kolada
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Re: ' may not be long now...

Post by Bob Kolada »

I just put in a best offer on a five valve 1291 with a dent on the bottom bow. I really wanted the 1281 F also listed but there wasn't a best offer option. I don't particularly need/want a 1291, so my offer was really low. :mrgreen: Worst case scenario, if I end up getting it I can always try to trade for something else.
ralphbsz
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Re: ' may not be long now...

Post by ralphbsz »

Tom Coffey wrote:Brought down by "debt instruments..."
Here is a quote from the article about them:
Currently, the California-based corporation holds roughly $1.15 billion in debt instruments, and also floated a $650 million term loan.
So if I take $1.8 billion in debt, and I assume that the debt was used to purchase instruments for the showrooms, and further assume that they stock their showrooms with tubas only, at $10K each, that would be 180,000 tubas in the showroom. Even if you now spread that over many store locations, that's still a pretty awesome showroom display (and at $10K a pop, those are pretty nice tubas being displayed). Can you imagine going into a music store that has hundreds or thousands of tubas sitting there?

Even if the instruments being displayed were Boesendorfer imperial grands (at a quarter million apiece), that debt would still be enough for 7,200 pianos.

Time to wake up and stop dreaming.
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iiipopes
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Re: ' may not be long now...

Post by iiipopes »

Ah, um, "debt instruments" means bonds, loans, letters of credit and such.
Jupiter JTU1110
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Bob Kolada
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Re: ' may not be long now...

Post by Bob Kolada »

No 1291 for me. My offer of 1500 (listed for 6800) was met by a counter offer of 6000. :mrgreen:
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bisontuba
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Re: ' may not be long now...

Post by bisontuba »

Hi-
Wait for the Chapter 7 sale.....
Mark
Bill Troiano
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Re: ' may not be long now...

Post by Bill Troiano »

Just going by the Brasswind web page, they have 1292's really cheap. I'm tempted although they may not actually exist - advertising BS. My brain is still telling me I should have a 4/4-5/4 CC with 5 valves, but I'm doing fine with my BMB 4 valve J844 CC. I use it in a concert band and a brass band and my section mates tell me to keep using it.

But..... I'm doing mostly trad. jazz here in Texas and my 621CC is serving me great. I could use a CC sousaphone for sound and look because my brain can't do BBb and improvise at this stage of my life. Any interest in my MW 3450? Although it's a great tuba, I'm not playing it and it's the next to go. PM me if interested. I'm drinking and rambling..... back to the original topic.
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TheHatTuba
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Re: ' may not be long now...

Post by TheHatTuba »

Since some are ebay, I got the impression that they would be willing to reduce the price by 9% (ebay's seller fee) if you called, explained, and purchased it directly through them.

Fwiw, MW 6450/2 Baer - $16500 x 91% = $15000 :shock:
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