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Czech gunmaker CZG buys Colt in cash and stock deal

reuters.com

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Re: Czech gunmaker CZG buys Colt in cash and stock deal

#81

Post by rancor »

nicoburns wrote: post #37
nickthemagicman wrote: post #31

Earlier quoted context omitted.

It's the second amendment for a reason. Modern America is a historical anomaly. And as inequality grows here in America and we slowly but surely descend back to what has been the default state of humanity for thousands of years...with a few rich and powerful with their neck on the rest of society who is poor...we'll be glad the average citizen has guns to fight back at some point. There's a saying: History repeats it…

Modern America is an anomaly in a different sense: AFAIK it's the only country with a constitution that guarantees the right to bear arms.

Per Wikipedia Mexico, Honduras, and Guatemala also have constitutional protections of varying strength.

Re: Czech gunmaker CZG buys Colt in cash and stock deal

#82

Post by jeffreyrogers »

junipertea wrote: post #61
jeffreyrogers wrote: post #44

Earlier quoted context omitted.

They would change the magazine design every few years and it would only fire Apple ammunition.

I would be a big fan of planned obsolescence for guns along with proprietary, not easily available ammo, actually.

Unfortunately ammo is easy to make. Many people make their own to varying degrees of complexity.

Re: Czech gunmaker CZG buys Colt in cash and stock deal

#83

Post by [deleted] »

nostrademons wrote: post #54
SilasX wrote: post #26

Earlier quoted context omitted.

But still, that means several of those highly-valued SV companies could afford to buy most gunmakers in existence...

Yup. The largest ones could afford to buy a mid-size country. (AMZN revenue = $386B, AAPL revenue = $274B, GOOG revenue = $182B, Norway GDP = $366B, Vietnam GDP = $340B, Chile GDP = $245B). Note also that SpaceX has more accurate ballistic missiles than the U.S. and Russia (PeaceKeeper CEP = 40M, while SpaceX routinely lands rockets upright within a ~10M radius on a drone ship), and Google has more data than the CIA…

[deleted]

Re: Czech gunmaker CZG buys Colt in cash and stock deal

#84

Post by EdwardCoffin »

pwlb wrote: post #45
nickthemagicman wrote: post #31

Earlier quoted context omitted.

It's the second amendment for a reason. Modern America is a historical anomaly. And as inequality grows here in America and we slowly but surely descend back to what has been the default state of humanity for thousands of years...with a few rich and powerful with their neck on the rest of society who is poor...we'll be glad the average citizen has guns to fight back at some point. There's a saying: History repeats it…

Is there any country in history that prevented its downfall because its civilians are armed to the teeth?

I think this one is hard to answer because it is hard to know whether the armed-to-the-teeth aspect was essential.

I'm more interested in the list of countries that prevented their downfall despite their civilians not being armed to the teeth.

Re: Czech gunmaker CZG buys Colt in cash and stock deal

#85

Post by aksss »

groby_b wrote: post #49
milesdyson_phd wrote: post #12

Earlier quoted context omitted.

I think FN has a lot of the US military contracts now, so it that might help explain why

How does FN enter here? I thought they're owned by the Belgian government?

reduced valuation of Colt

Re: Czech gunmaker CZG buys Colt in cash and stock deal

#86

Post by yoz-y »

nickthemagicman wrote: post #28
ed_blackburn wrote: post #5

Doesn't seem like a lot of money. Shame somebody didn't buy it and shutter it. Less guns in the world is better for everyone.

We've all grown so comfortable in modern America that we forget that default state of human nature is subjugation and repression and has been for thousands of years. Modern America is a historical anomaly. The powerful aren't peaceful by choice. It's the SECOND amendment in the constitution for a reason.

There are a lot of countries where the populace isn't generally armed and they are doing just fine. It's not like America is the only free country out there.

Re: Czech gunmaker CZG buys Colt in cash and stock deal

#87

Post by tdy721 »

SilasX wrote: post #26
LeonM wrote: post #13

Earlier quoted context omitted.

The billion dollar valuations of silicon valley startups may cloud your judgement a bit. 220 mil is a lot. Most companies won't be worth this much. Except for the US, guns are mostly sold to governments (policy, military) so the gun market isn't that large, and there is lots of competition.

But still, that means several of those highly-valued SV companies could afford to buy most gunmakers in existence...

If they have a liquidation event, or just do a stock trade? IDK... Valuation !== Value

Re: Czech gunmaker CZG buys Colt in cash and stock deal

#88

Post by jasonwatkinspdx »

nostrademons wrote: post #54
SilasX wrote: post #26

Earlier quoted context omitted.

But still, that means several of those highly-valued SV companies could afford to buy most gunmakers in existence...

Yup. The largest ones could afford to buy a mid-size country. (AMZN revenue = $386B, AAPL revenue = $274B, GOOG revenue = $182B, Norway GDP = $366B, Vietnam GDP = $340B, Chile GDP = $245B). Note also that SpaceX has more accurate ballistic missiles than the U.S. and Russia (PeaceKeeper CEP = 40M, while SpaceX routinely lands rockets upright within a ~10M radius on a drone ship), and Google has more data than the CIA…

An ICBM hitting a target purely on internal guidance is an entirely different level of problem from what SpaceX is doing with cooperative positioning systems at the target. Also keep in mind that the "wikipedia numbers" for classified weapons systems are usually "at least" numbers, not exact.

It's not at all clear who has more data between GOOG and NSA. Both don't exactly declare the numbers, but it is known that in several recent years NSA has been the largest single buyer of spinning disks in the world.

Tech companies have indeed become powerful, but let's not get hyperbolic. The world hasn't become shadowrun quite yet.

Re: Czech gunmaker CZG buys Colt in cash and stock deal

#89

Post by MangoCoffee »

tenebrisalietum wrote: post #58
DamnYuppie wrote: post #8

Earlier quoted context omitted.

The dream and goal of every tyrant and despot ever is to reduce the martial capacity of their "subjects".

A tyrant and despot doesn't have to decrease your "martial capacity" but simply make sure theirs is more than yours. If a tyrant/despot secures control of economic resources this isn't overly difficult. Furthermore: rising up against a tyrant/despot is only possible if the population is very united; but a tyrant/despot, with enough economic power (or oppression of others) can make sure a population is ideologically o…

well..by your logics the US founding fathers should just gave up 'cause at that time, the British Empire is stronger than whatever two-bits army that the founding fathers can scrap together.

Re: Czech gunmaker CZG buys Colt in cash and stock deal

#90

Post by baybal2 »

TecoAndJix wrote: post #35
mrweasel wrote: post #30

Earlier quoted context omitted.

Apple could just have bought the music industry when they launched iTunes. The value, and in some cases the profit, of tech companies are weird outliers in the business world.

I'm now trying to picture what an Apple handgun would look like

An iGun will only fire specially made square iBullets with DRM chips
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