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Old 04-15-2003, 03:11 PM
A Snake A Snake is offline
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Join Date: Jul 2002
Location: Portland, OR area, OR
Cobra Make, Engine: Contemporary CCX33868 Sold. Just "playin' the boards now."
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I doubt that with the exception of the Kirkhams, the combined resources of the kit manufacturers could buy 75% of SAI for this reason:

Book value of the stock is based on assets. Actual value is based on intangibles. Intangibles being the name Shelby. For what ever people may think of Carroll Shelby, the name has value.

What is the value? Don't know. Will it have value when Shelby is gone? Yup. Ferrari still has the mystique even though Enzo is long gone.

A logical investor is not a "hooie" of kit car makers, it is an individual or company with ties to the auto industry, who can capitalize on the brand recognition. Believe it or not, and interested or not, Ford would be the logical candidate.

It may be the real players are just waiting for ol Shel to go to that race track in the sky. Negotiations will be simpler then. Who knows, the company could go into receivership and get picked up for a song.

Any bets on this?

Al
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