I found this while checking out our content system for a problem:

[url]http://www.cnn.com/2001/BUSINESS/05/14/smith/[/url]  (the story actually lives on the euroedition site)

Apparently we cut their sales in HALF.  Of course this article doesn't mention why their sales declined so badly, but it shouldn't be that big of a mystery.

I hope the new American owners will begin to set things right.

Maybe someone knows something about this "Saf-T-Hammer" company.

I dunno, this sounds fishy.
From "Corporate Profile" on www.saf-t-hammer.com

"... Since its inception, Saf-T-Hammer Corporation has been developing proprietary gun safety devices and is uniquely positioned to meet the increased public and legislative demand for such devices. Saf-T-Hammer™ products are designed to be compatible with the vast majority of the 230 million firearms owned in America. An expansion and diversification of the company's line of products is planned for the coming years. The company's current line of products includes: Saf-T-Trigger™, VersaVault, and Maximum Security Cable Lock. ..."

Sounds like they might be the kind of company that wants to profit from mandatory gun lock legislation, etc.

[url]http://www.saf-t-hammer.com/[/url]
[url]http://www.advisorinsight.com/pub/maccess/otcbb/SAFH_78636N_general.htm[/url]
[url]http://www.bigcharts.com/quickchart/quickchart.asp?symb=safh-bb&sid=0&o_symb=safh-bb&x=44&y=22[/url]
[url]http://www.safthammer.com/corp_profile.htm[/url]

I'm gonna have to agree with you...........dang!

I also feel like noting that their site looks just like every Black & Decker electric screwdriver that I've ever owned.  [;)]

Holy crap!  It does!  LOL

I hope the new S&W guns are cordless.......

Hey, some good news:

The Saf-T-Trigger™ will NOT work on the following firearms:
[b]Colt AR-15 and clones[/b]
Most small 22, 25, 32 and 380 autos and revolvers
S&W J-frame revolvers
HK P-7
Browning High Power
[b]Colt 1911 and clones[/b]
Walther PP and PPK

WHEW

You left out:
"The Saf-T-Trigger™ will NOT work on the following firearms:"  Any gun I ever own!

Sounds almost like an anti-gun company out to make trigger locks to "make guns safer" and profit off it too.  Isn't this the company that sponsored the MMM last year or some other anti-gun movement?

May prove to be WORSE than S&W's current owners..  Oh well..

I can't think of a respected arms related company that would buy S&W anyway after that damn agreement.

Hey General Ourumov!

Aren't you the guy from Goldeneye?

I think my Dewalt 18v battery pack was designed for that S&W smart gun crap.

It's all making sense now.

Doesn't Black & Decker make Dewalt?

Typical CNN.  S&W lost money because of the lawsuits.  Right.  And the thousands/millions of gun owners boycotting them had nothing to do with it....

BTT

From the looks of the news this morning, this is apparently a done deal.  I'm just not sure if I should feel good or bad about it........

BTW, check the timestamp on this, all those who think they got the scoop on this.  [;)]

Sometimes it's fun to work at a news company, even if it's CNN.

Think about this for a second........what was once one of the most respected gun manufacturers in the world was just purchased for peanuts by a small company that makes trigger locks.

I won't link it, but here is a small tie
to the industry :

http://www.hsshf.org/PDF/HSSHF_Fall_00.pdf
Heritage Fund Honor Role:
Allen Company (The)
Alliant Powder
Anschutz Sporter Rifles
Barnes Bullets, Inc.
Bean Agency (The)
Beretta USA
Bianchi International
Bismuth Cartridge Co.
Browning/USRAC
Bushmaster Firearms, Inc.
Custom Quality Products, Inc.
CZ-USA
DayMark Corporation
Douglas Industries, LLC
Eldorado Cartridge Corp.
EMAP USA
Federal Cartridge Company
G.A. Tolton Associates
Gaines C. Smith Company
Gary Grant Sales Company, Inc.
Glaser Safety Slug, Inc.
Glock, Inc.
Gray's Sporting Journal
Havel-Giarusso & Associates
Hodgdon Powder Company, Inc.
Hornady Manufacturing
H&R 1871
Ironsighter Company
Ithaca Classic Doubles
Ithaca Gun Company
J. Harding & Associates
Jones & Company, Inc.
K.B.I., Inc.
Kel-Tech CNC Industries, Inc.
Kimber Manufacturing Company
Kleen-Bore, Inc.
L.A.R. Manufacturing, Inc.
Leupold & Stevens
Marlin Firearms Company
Maschmedt & Associates
Michaels of Oregon
Millett Sights
MKS Supply Inc./Hi-Point Firearms
O.F. Mossberg & Sons
Muety Group (The)
National Skeet Shooting Association
North American Arms, Inc.
North Country Marketing
North East Promotions
Nosler, Inc.
Outdoor Empire Publishing
Out West Marketing
Owen J. Brown & Associates
Pavenstedt & Pauli (USA), Inc.
PRIMEDIA (Shooting Times)
Primex Technologies, Inc.
Progressive Farmer/Rural Sportsman
Remington Arms Company
Saf-T-Hammer  ****************************
Savage Arms, Inc.
Shooters' Online Services
Sierra Bullets, LLC
SIGARMS, Inc.
Sightron, Inc.
Simpson Sales Company, Inc.
Sporting Clays of America
Stonewood, LLC
Taurus International
Traditions Performance
Muzzleloading
Walther USA
Winchester Div./Olin Corp.
++++++++++++++++++++++++++++++++++++++++++++++++

Anyhow, as a thought,
a company
that makes removable trigger locks
could prove to be quite resistant to
mandatory permanent "smart gun
"technology." Too bad they will probably
compromise and wind up, as posted above,
advocating mandatoy lock laws
instead of listening to shooters.


I do not want, own, or need S&W products,
trigger locks, or smart guns.