Newsgroup: it.arti.musica.strumenti.tastiere
Titolo: ...Kurzweil?

Mi hanno detto che Kurzweil è fallita! È vero? (Mi cadrebbe un mito...)

 Mi hanno detto che Kurzweil è fallita! È vero? (Mi cadrebbe un mito...)
???????????????
dipa

Mi hanno detto che Kurzweil č fallita! Č vero? (Mi cadrebbe un mito...)
Leggi qui:
Apparently, the buyout of Kurzweil didn't go as well as Samick had
hoped
and they are being forced to sell the company as the gov't has stepped
in and smacked both of their hands.
Whats interesting is that from what I hear, Sammick's stock has tanked
over the last 6 months and it is now worth a quarter of what it
was...I
don't know enough about the SK stock market to verify this though.
If this is true, the buy out of Kurzweil was for at the time $1.1
million and the company would now be worth about $260k in stock...and
then paying for salaries of the remaining employees.
Rumor has it that one of the European music distributors is seriously
looking into buying the YC properties off of Samick...the company I've
heard is *VERY* dedicated to having a synth division that is the top
of
its class, even if its not anywhere near the most popular.  Look at
Clavia -- I love their synths...who cares if they can't compete with
Roland, Yamaha or Korg.  They don't have to...they have to make the
best
products they can and leave it at that...
That's the daily rumors and thanks to those that contributed...you
know
who you are  :-) 
E questa č la news
Watchdog quashes piano buyout
The Fair Trade Commission stopped a major domestic piano maker from 
buying out its rival yesterday.
Samick Musical Instrument Co., a domestic piano manufacturing company,
has been in the process of taking over its rival and market leader, 
Young Chang Piano Co., for the past six months. It was told to sell
off 
the 48.6 percent share it bought from Young Chang within a year.
The watchdog said if Samick takes over Young Chang, competition would 
disappear, and the market would be monopolized.
The commission said that if Samick, which has 33 percent of the 
domestic market, takes over Young Chang, which has a 59 percent market
share, its share would be 92 percent. The high percentage would 
eventually hurt consumers with high prices, said an official from the 
commission. Young Chang could survive without Samick, since its high 
potential market value could attract many other domestic companies, he
added.
Samick, however, plans to file a suit against the commission and take 
other legal measures regarding the decision. The company views the 
commission's order as typical bureaucratic red tape, which ignores the
commercial reality of the domestic piano industry. Taking over 
companies on the verge of bankruptcy is a way to restructure 
industries, but the watchdog made an unreasonable decision based
purely 
on market share figures, said an industry source.
Kim Jong-seop, president of Samick, said that the commission did not 
seem to know the reality of current domestic business conditions.
"If another company takes over Young Chang, the possible growth would 
not be as dramatic," he said.
A legal expert said that the domestic piano market is fully open and 
sales are decreasing, making it impossible for prices to go up. "The 
Fair Trade Commission seems to have overly exaggerated the negative 
effect of monopolies and oligopolies."
The idea of an acquisition was actually suggested by Young Chang in 
March. Young Chang graduated from a debt workout program in June 2002,
but its debt increased by 600 percent last year because it claims it 
had to make excessive retirement payments while cutting its workforce.
It has run in the red for three years.
When its workers went on strike, management decided to sell the 
company, and notified three domestic companies, including Samick, of 
its intention.
Currently, domestic piano makers are going through a deep slump.
Young Chang's sales for the first half are only 60 percent of its
sales 
a year ago. People are selling their pianos rather than buying new 
ones. Used pianos take up around 70 percent of the domestic piano 
market currently, worsening the condition for piano makers.
The commission's decision has discouraged the domestic piano industry,
which is already in difficulty, said an official of the industry.

E questa è la news
[cut]
Se non ho capito male, Kurz è di YoungChang, che è stata comprata da
Samick, ma i debiti sono cresciuti del 600% e le vendite sono calate,
quindi Samick è costretta a vendere Kurz. Ad acquistarla sarà il
distributore europeo... giusto? Quindi, se io volessi acquistare un
Kurz adesso, non dovrei avere problemi con l'assistenza. O può
succedere come con Ensoniq?
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Galnick il Bomba
www.etherearock.com
L'Hammond sia con voi!