"Gordon Niessen" wrote in message ...
jeffh129 wrote:

I agree, Wilderness Systems makes great yaks. However they are
experiencing very bad financial problems at the moment. There is a
possibility they won't be around a year from now.




Maybe if people can keep focusing on their quality and not on their
financial situation, then they can survive. Luxury business are being
hurt by the recession. But you can buy a lot of Kayaks for the same
price as a power boat or wave runner. And it is a great way to get
away from the troubles of everyday life.

Well, facts are facts. They are on their third CEO in three years. The
laid off a ton of people, and the remaining folks took 20% wage cuts.
I'm very familiar with company's going bankrupt and this fits the
pattern, perfectly.

Still, I am considering buying a Pungo 120.

The outlook for the entire recreation industry doesn't look good. The
economy sucks. Jobs are "on the rise," if you want to work at
McDonalds. For a lot of people, paying the rent and putting food on
the table will be taking priority in the near future. Not buying boats
or kayaks.