[Elecraft] Elecraft sales -- commissions!

[clayj at nwlink.com]

I'd buy in a heartbeat as well -

But, from their (Elecraft's) standpoint:
Why would they want to dilute their ownership and make themselves subject
to all of the additional scrutiny and hassles that go with being a public
company?

And, why would we (customers) want them to potentially screw up a good thing?

Clay
N7QNM

> Count me in on a stock purchase...
>
> 73
>
> Gene K1NR
> K2  6K
>
> On Wed, 01 Dec 2010 22:42:57 -0800
>  eric manning <eric.manning at engr.uvic.ca> wrote:
>> Eric
>> You've convinced me! When is the stock offering - so I
>> can buy some Elecraft Shares?
>> [I've been selling Elecraft radios for free and I'd like
>> to cash in, to get paid for it.
>> Owning the stock would do the trick.
>> Please? ]
>>
>> Eric Manning
>> VA7DZ
>>
>>
>> Eric Swartz said:
>>
>> We are well past working from our basements.:-)
>>
>> A few data points:
>>
>> 1. Since shipping our first K2 from Aptos in January of
>> 1999, Elecraft
>> has grown into a healthy multi-million dollar high-tech
>> company with a
>> broad product line.  We have -zero- debt, own all of our
>> inventory, and
>> have a healthy, and very stable, balance sheet. We build
>> our products
>> here in California, just outside of Silicon Valley. We
>> are structured to
>> be here for a long time, and certainly longer than most
>> hams keep a
>> particular rig. We want Elecraft to outlast both of us.
>>
>> 3. How did we do that? Elecraft designs great, high
>> value, products that
>> are fun to use. And our products, like the K3, continue
>> to improve and
>> get new features even -after- you buy them. We run a
>> stable and tight
>> financial ship - carefully trading off an internally
>> financed growth
>> rate versus risk and cash needs. We work hard. We hire
>> great people who
>> continually amaze us with their intelligence, creativity
>> and work
>> ethic.  Our customer support team is one of the best. And
>> we enjoy our work.
>>
>> 4. We also carefully listen to, and interact with, our
>> customers daily.
>> We are focused on being the most responsive, and fun, ham
>> radio company
>> to buy from - period.
>>
>> 5. Wayne and I are both healthy guys - a very long way
>> from retirement.
>> We are having a great time bulding and running Elecraft,
>> and plan to do
>> so for some time. But we are not the only people who
>> continue to make
>> Elecraft successful.
>>
>> 6. Our well staffed engineering design team is diverse
>> and strong. I'd
>> wager that it is as large as, or larger, than many HF rig
>> design teams
>> at our competitors. We are well past two guys doing all
>> of the design in
>> our basement labs. Our engineering, support,
>> manufacturing and
>> management people are top notch, with a lot of depth.  We
>> have a great
>> team and plan to keep building it for the long haul.
>>
>> 7. We haven't been a 'QRP Only Company' for some time.
>> Yes, in 1999 we
>> first targeted at the QRP market since it was tightly
>> focused, easily
>> marketed to, and was our fastest path to a first product.
>> Its still a
>> great market, too. But we always planned to also offer
>> 100W
>> high-performance rigs, both kit and factory assembled, to
>> compete
>> against the best HF rigs from other QRO manufacturers.
>> That's the major
>> part of the market. I think you can agree we have more
>> than succeeded in
>> that area with the K2 and now the K3.
>>
>> The majority of our rigs go out the door at 100W.  We are
>> continually
>> designing a diverse product line, ranging from QRP to
>> QRO. The KPA500,
>> now going into field test, is definitely -not- QRP;-)
>>  But stay tuned
>> for more QRP offerings too!
>>
>> 9. Most important, we have incredibly enthusiastic and
>> supportive
>> customers. You make it fun for us! By telling your
>> friends about
>> Elecraft, the K3, and our other products, you keep us in
>> business every
>> day.
>>
>> You are our best salespeople. The more you
>> enthusiastically tell your
>> friends about our products, in person and on the air, the
>> more new
>> products we can design and sell. In today's economic
>> environment, more
>> than ever, this is incredibly important to us. Please -
>> keep up the
>> great work. We really appreciate it!
>>
>> 73, Eric   WA6HHQ
>>
>> www.elecraft.com
>>
>>
>> --
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>>
>>
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