Anderton

mtgbuyer1
http://www.ericgarland.co.../gibson-rating-moodys/ I am sorry to say, it's all right here for those of you who have the will to look...

...and are still living in September, 2016 

Do you have any recent info on Moody's and S&P's appraisal of Gibson Brands? I'd have no idea where to look.

I'm asking you because your post implied the situation is very different now, even though the Moody article suggested it was unlikely to improve in the short term. It's fine if you don't know either, I just got the idea from your post that you do.

Sanderxpander
I'm asking you because your post implied the situation is very different now, even though the Moody article suggested it was unlikely to improve in the short term.

Gibson doesn't make roof tiles, this is a cyclical fashion industry and everything is subject to change. Moody's can report only on what's happened in the past, then do their best to extrapolate into the future. Sometimes they get it right, sometimes they don't.
 
You might also want to look further into Eric Garland's writings about Guitar Center. It doesn't take a genius to figure out that companies whose primary source of income is big box retail are facing challenges. However, some companies have plans in place to deal with that reality. Others want to deny it. Personally, I'd bet on the companies that are making plans.

Sanderxpander
Thanks pwalpwal.

Craig, anyone can only report on what happened in the past, nobody can look into the future. Obviously Moody's can be wrong too. But they don't give out projections for laughs, I think it's a little too easy to proclaim them conjecture and dismiss them out of hand. I also don't see how GC's troubles make the situation any better for Gibson.

I'm not too worried about Sonar either, but the report is still troubling.

If only I had a dollar for every time someone predicted Gibson's demise, I could retire. 
 
The landscape for retail is devastating at the moment. Look at JC Penny's, Sears, Staples, etc. etc. etc. Companies in the forecasting business have never faced a bigger challenge in trying to anticipate what's next. The reality is no one knows - not me, not you, not Moody's.
 
The main point I'm making is that past performance is less of an indicator of future performance than ever. The best indicator of future performance is what's happening internally within companies to cope with the changing landscape. I don't know what Sears or Guitar Center are planning; I do know what Gibson is planning, and I'm betting on it. That doesn't mean I'll be right, but it's way too early to say I'll be wrong.
 
As one example...Moody's doesn't know about the two patents I've filed on behalf of Gibson, one of which is universally applicable to telecommunications.

Anderton
If only I had a dollar for every time someone predicted Gibson's demise, I could retire. 
 

Yeah but that 7 bucks wouldn't last you long

I've read more articles than I can count in the last few years saying that Guitar Center was doomed and would be boarded up within months. Yet, whenever I drive by my local GC, it always seems they've managed to figure out a way to keep doors open and lights on for just a few more short hours bless their hearts.
 
Does that mean the pundits are wrong? The way I see it you can pick any company on the planet and start writing articles claiming said company will be out of business in months. And if you keep saying that long enough, sooner or later you'll end up being right. You might have to say it for a couple hundred years, but sooner or later, every company folds or gets absorbed or otherwise ceases to exist.
 
 
Same with Sonar. I suppose sooner or later there will come a day when Sonar is no longer a supported product. It would be foolish to believe otherwise. I still feel pretty confident that I will realize a satisfactory amount of value for my investment in lifetime updates.

manciamusic
Well... In my Opinion for the survival of the company the "OSX New line"  will be Critical. 

I love these old-timey opinions.

Even in the worst case, if Gibson ends up in bankruptcy court, the lawyers will probably make some deals to streamline the business and sell some assets to pay off creditors.  So maybe Cakewalk ends up somewhere else.  If it is a reliable profit center, then somebody will surely bid for it! 
 
And if not, I still can use Platinum on Win 10 until the wheels fall off.  I figure that even if I only get a year's worth of updates from Splat for life, it is a break even deal.  But I'm an optimist, and I expect to see these updates churning out for years to come! 

Sanderxpander
I guess I just find Craig's rebuttal a bit too light on actual info.

It would be really stupid to divulge the reasons for my optimism because they are NOT public knowledge, nor should they be.

pwalpwal

Anderton

Sanderxpander
I guess I just find Craig's rebuttal a bit too light on actual info.

It would be really stupid to divulge the reasons for my optimism because they are NOT public knowledge, nor should they be.

bit of a tease though, eh?

No, this is a bit of a tease

If they stopped the updates now Id be thankful that for the last, um 19 years ( 1998 w/ Pro Audio 8) I've used the best recording platform IMO.
 
Right now Splat does more than I need and I rarely have to post here about an issue and even then its usually on my end. I bet I only use 1/3 of its features. You almost need nothing more to make a pretty great recording.
 
I signed up for the lifetime updates the day I got the offer. I haven't been disappointed. Didn't we just get some new plugins (I haven't even used em yet) that cost about the same as the lifetime updates?
 
I feel I've been given my moneys worth. The program does what it says it will do for me.

Sanderxpander
Thanks pwalpwal.

Craig, anyone can only report on what happened in the past, nobody can look into the future. Obviously Moody's can be wrong too. But they don't give out projections for laughs, I think it's a little too easy to proclaim them conjecture and dismiss them out of hand. I also don't see how GC's troubles make the situation any better for Gibson.

I'm not too worried about Sonar either, but the report is still troubling.

I have worked in investment banking for almost 30 years.  Moody's is not known for the accuracy of forecasting.  In fact, since Moody's is principally concerned with Bond ratings, they tend to be conservative (as opposed to realistic) to illustrate the company's ability (or inability) to make principal and interest payments on their debt.  As long as that is good, there is no need for improving their outlook.  
 
Sorry.  

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