Sal, are we in trouble?

Discuss Spyderco's products and history.
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moeman
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Sal, are we in trouble?

#1

Post by moeman »

Hi Sal,
I just read this: http://www.lawfuel.com/show-release.asp?ID=11640

Is Spyderco going to be ok?

I dont want to loose you!!!!

chris
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merciful
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#2

Post by merciful »

Easy, there. I don't think the company is going anywhere. Search "Kiss the balis goodbye" and "the Spydie fund" for other news.
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moeman
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#3

Post by moeman »

loosing half a million dollars has to hurt, plus the lost sales....
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merciful
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#4

Post by merciful »

I figure so. But Spydercoo isn't run out of Sal's garage now (and as so many good businesses start that way, it probably once was) and is almost certainly able to absorb the damage and move forward.
meoman wrote:loosing half a million dollars has to hurt, plus the lost sales....
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flyguy
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#5

Post by flyguy »

Maybe you should buy two Spydercos this weekend, just in case... :rolleyes:
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WJR
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#6

Post by WJR »

flyguy wrote:Maybe you should buy two Spydercos this weekend, just in case... :rolleyes:
Already there, I just ordered three from Savson. The wait is killing me.

WJR
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The Mastiff
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#7

Post by The Mastiff »

Order more spydercos, and respectfully, leave Spyderco's business to the owner. If Sal wanted our opinion, he'd likely ask. Once again, no offence meant. Joe
"A Mastiff is to a dog what a Lion is to a housecat. He stands alone and all others sink before him. His courage does not exceed temper and generosity, and in attachment he equals the kindest of his race" Cynographia Britannic 1800


"Unless you're the lead dog the view is pretty much gonna stay the same!"
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eljay
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#8

Post by eljay »

meoman wrote:loosing half a million dollars has to hurt, plus the lost sales....
The inventory number is presumably based on MSRP (so they can brag about as big a number as possible). I have no idea what margins are typical with knives, but obviously they sell knives to retailers for much less than this, and of course they make them for less than that.

No fun, of course, but it's not quite as bad as the number would make you think.
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Padawan
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#9

Post by Padawan »

eljay wrote:No fun, of course, but it's not quite as bad as the number would make you think.
Precisely.
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Bolster
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#10

Post by Bolster »

Meoman, check what the forumites are doing to help out, see the thread entitled "In Memoriam…The Fly Fund" which is currently at $5506. (Not surprisingly, it was Doc Snubnose that carried us past the $5K mark--heh heh heh.)
Steel novice who self-identifies as a steel expert. Proud M.N.O.S.D. member 0003. Spydie Steels: 4V, 15V, 20CV, AEB-L, AUS6, Cru-Wear, HAP40, K294, K390, M4, Magnacut, S110V, S30V, S35VN, S45VN, SPY27, SRS13, T15, VG10, XHP, ZWear, ZDP189
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Chris_H
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#11

Post by Chris_H »

merciful wrote:... But Spydercoo isn't run out of Sal's garage now (and as so many good businesses start that way, it probably once was)...
Actually, it was a converted bread truck with a Volkswagen Beetle in tow. ;)
"All your :spyder: are belong to us."
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sal
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#12

Post by sal »

Hi Meoman,

Thanx for the concern.

It was a hard hit.

We think we'll survive. We're tough, tenacious and persistent.

We don't know "why us?".

They did permit the parts to enter for more than two years before they began their investigation.

All parts were declared and all duties paid.

We think a phone call would have been easier.

sal
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bluemist
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#13

Post by bluemist »

Not only will you survive this but you'll come out better and stronger than ever.. God or the universe or whatever you wanna call it has a way of turning these things around for the better.. you got good mojo.. I just hope you can keep up with the demand! :D :D
spyder spyder spyder spyder
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OuchThatsSharp
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#14

Post by OuchThatsSharp »

A speedbump in the road. With the variety and quality of Spyderco knives out there, I don't think there's anything to worry about. I'll keep buying em.
It's better to have knife and not need it than to need a knife and not have it.
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shrpshn
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#15

Post by shrpshn »

OuchThatsSharp wrote:I'll keep buying em.
I'm with you! Not only will I keep buying them; but I will keep carrying them, and will proudly keep selling them..... :D
John
SharpShin' Blades
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markg
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#16

Post by markg »

Also factor into the loss, the R&D, and development costs of a knife you might not be able to make now.

Even so, I am sure they will survive, but I am sure it did stink...
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sal
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#17

Post by sal »

We appreciate the support.

sal
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