Re: [APML] Celestron still around

[astropix@att.net]

 Mike...the Federal Trade Commission stepped in early on 
to prevent Meade from acquiring Celestron's assets.Check 
this link,dated May 29...  
<http://www.ftc.gov/opa/2002/05/meadecelestron.htm>      
Best       :O)           Geoff Powers
> At 08:30 PM 6/19/2002 -0400, you wrote:
> >This is from the Celestron website.  Looks like they're PO'ed with Meade.
> 
> Um. Acquiring the assets of Celestron would be a (the!) major coup for 
> Meade. Don't know much about the company or it's management, it's presently 
> privately held by Tasco; no public info on its management but it seems that 
> Mr. Lupica heads a management group bidding for Celestron's assets. This 
> isn't a matter of being "PO'ed with Meade". It's a matter of survival. 
> (1)The jobs of these guys, and maybe something they really believe in... 
> (2) potential or real falloff of sales resulting from public perception 
> that Celestron is no longer viable because of Tasco's problems.
> 
> The purpose of the message is to preserve sales/consumer confidence in the 
> company...very much in jeopardy if the public perceives that C's products, 
> and especially support might disappear.
> 
> I'd hate to see any shrinkage in competition in this tiny industry which 
> has made astronomy so much more accessible to the general public in the 
> last few years.
> 
> -Mike
> 
> 
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