Re: [APML] request for information on a Celestron Hand Controller

[DBogan3220@aol.com]

>But worse is the fact that last month Celestron
>permanently went out of business.  It was odd looking at all the Celestron
>ad pages in the curent S&T magazine, and the company is no more.

        Celestron has not gone out of Business they are still there. Its 
Tasco that went under. Tasco was just a holding company for Celestron, it was 
like a bank. It was the mismanagement and creed of the CEO and board of 
directors for Tasco that caused it to go under. Celestron portion will be 
sold to help make good on Tasco debts to its creditors. Its more valuable as 
an asset intact than closing it down and taking apart and selling it off 
piecemeal as some wags has suggested. This sort of thing goes on all the time 
with venture capitalists and bean counters. If you really want to know where 
the money went for Tasco probe the CEO and board of directors. I bet they 
bought themselves some fancy properties throughout the Caribbean and Bahamas. 
Now they are bankrupt, so what! This is just another example of what you call 
corporate raiders. GE, Honeywell, TRW, GM and the whole gamut of corporations 
do this all the time. Welcome to Corporate America.

       Clear Skies
       Dwight L Bogan

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