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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

#151

Post by emteycz »

notahacker wrote: post #132
yellowapple wrote: post #105

Earlier quoted context omitted.

Correction: it's not a significant contributing factor yet . It takes a pretty advanced case of myopia to not be able to foresee home firearm manufacturing growing. At the current rate of development, I give it 10 years, tops, before European and Australian gun control measures are effectively meaningless.

But they're not "meaningless", because the average person in Europe and Australia has no interest in owning a gun, never mind figuring out how to print one, and even the average hardened criminal has to consider the possibility that since it isn't necessary for them to preemptively shoot anybody who challenges them, possessing guns might not be worth the risk of additional penalties. Those are much bigger factors in…

Every tenth adult in Czechia carries a gun. Last time I checked, Czechia was safer than UK.

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

#152

Post by da_big_ghey »

curryst wrote: post #74
vageli wrote: post #16

Earlier quoted context omitted.

“Beware of he who would deny you access to information, for in his heart he dreams himself your master.” With 3d printed guns already a reality (I have seen designs for completely printed models, including the bolt carrier), the cat is out of the bag.

> I have seen designs for completely printed models, including the bolt carrier Are these parts functional? I would be literally stunned if you could 3D print a bolt carrier group that lasts more than a clip. The last I looked (and it's been a couple years), the designs exist, but are largely non-functional and/or still require several parts to be made of steel. The barrel is another problematic piece. I get that wit…

There's been a lot of progress doing home ECM rifling of metal barrels. The objective is accessible firearms personal sovereignty, not specifically plastic barrels necessarily.

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

#153

Post by Teknoman117 »

lutoma wrote: post #102

Honest question: How is this relevant to Hacker News? As a non-American i was rather bewildered to find this here. Is there a serious overlap between gun enthusiasts and the IT community in the US?

I'm an American working as a software engineer for a tech company and I'm a gun enthusiast.

Do I carry one with me? No. Do I have any set up for home defense? No. Do I enjoy shooting high power rifles at the range on the weekend? You bet I do.

FWIW I own more tech stuff by value than guns, so, there's that.

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

#154

Post by dfxm12 »

lutoma wrote: post #102

Honest question: How is this relevant to Hacker News? As a non-American i was rather bewildered to find this here. Is there a serious overlap between gun enthusiasts and the IT community in the US?

I don't think it matters where you're from, I don't see how hackers/start up entrepreneurs would be particularly interested in this story or how this even gratifies one's intellectual curiosity, either. But I feel that way about many articles that find their way to the front page. I checked the comments expecting that I missed some interesting context, but I didn't. In any case, it's not too much of a burden to flag/hide and move along.

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

#155

Post by NoOneNew »

Spooky23 wrote: post #21
csunbird wrote: post #4

I do not know much about how good Colt is doing, but isn't 220mil plus 18mil in stocks a bit cheap?

I'd argue it's still a little high, most of these companies are on the wane. Guns in the US are near saturation from a market perspective and regulatory changes will eventually kick the floor out. Time to cash out... It's like when Phillip Morris bought Kraft and General Foods in the 80s to spin them off later when tobacco regulation came.

There were between 2 to 5 million new gun owners (fbi and atf cant agree on much) in 2020. Legal gun ownership in the US is around 20+ million now.

Where do you get your ideas that the market isnt interested in guns? The issue with colt and Remington has been zero innovation and updating with the times. At bass pro shop, you could take a brand new Remington bolt action and need a sledge hammer to pull the bolt. A same class benelli needed barely a pinkie's worth of strength to do the same. Buttery smooth while the new Remingtons were already acting rusty.

The market has been going striker fire as well. I haven't noticed a big push from colt or rem before they shut down. Maybe they did, but it was too little too late.

Theres a lot more going on than just gUnS bAd. I'm happy for the hit on chemicalized tobacco. Makes it easier for the organic, natural market, mostly cigars and cigarillos. Let that marinate.

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

#156

Post by aksss »

throwawaysea wrote: post #98

Can someone more familiar with this world explain where the law ended up on building your own guns? I recall a controversy around whether you can even share open source 3D printing plans (which to me felt like a violation of the first amendment) but leaving that aside, I've also heard that it is possible to do so using more traditional methods.

The State department tried to ban the exchange of digital plans for very simplistic, rudimentary 3d-printed pistols under ITAR regs. It was an over-reaction to an exaggerated fear that everyone could print guns out of plastic now, and I think the last administration (Trumps') finally revoked the rule. You can, in fact, print a gun out of plastic that will work, but it may be cheaper and more effective to build one out of parts from home depot if you're so inclined.

For the most part it's always been legal to build a firearm for your own use (not to sell - that would be regulated under the Fed's commerce powers). Some states make it more burdensome than others. Making a high quality anything requires skill, but guns are very primitive mechanical devices, so the bar is very low to make something of effective working order. You won't be hitting a gong at 1000 yards, but you'll hit a pie plate at 20 pretty easy.

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

#157

Post by lazycrazyowl »

lutoma wrote: post #102

Honest question: How is this relevant to Hacker News? As a non-American i was rather bewildered to find this here. Is there a serious overlap between gun enthusiasts and the IT community in the US?

In my opinion Hacker News isn’t strictly an IT community but a platform that focuses on technology, startup culture and entrepreneurship that allows followers with a mix of technical obsession, business ambition, and aspirational curiosity to discuss among themselves to have some sort of intellectual reasoning.I may be wrong.

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

#159

Post by tpmx »

foofoo4u wrote: post #148
lutoma wrote: post #102

Honest question: How is this relevant to Hacker News? As a non-American i was rather bewildered to find this here. Is there a serious overlap between gun enthusiasts and the IT community in the US?

I do think there is a large overlap with American IT workers and gun enthusiasts. I happen to be one of them. But I do agree with your comment. As much as I may find the topic "Czech gunmaker CZG buys Colt" interesting, I believe it does not belong on Hacker News. Little by little Hacker News is turning into reddit. There is a reason why I come here and not reddit. The mods should take this post down to ensure the in…

When you say IT workers, do you mean mostly the people we used to call sysadmins?

(The term "IT worker" doesn't translate well globally.)

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