[Dan Stryffeler]

Generally, there are only two reasons to buy a competitor....

1) To kill them off after the purchase - take them out of the market.
2) To gain some type of value, i.e. additional manufacturing capacity, customer list, trademarks, etc.

I can see an individual company, someone like Superformance, doing it, but I cannot see a group of direct competitors doing it - there's no real value there.

I think Shelby owns the all trademarks, (less the Cobra trademark), not SAI - so where is the value there?

The other side of the coin is, SAI may just die on it's own - so why not wait it out and see what happens. If Shelby had the capital to run the company on his own, he would not have had to bring in a partner (first at 60%, then late at 75% interest). I doubt that he has the cash now, although he made bring in another group of investors.

Would any body at Club Cobra pop in, say $100k a person to raise a couple million to get 75% of SAI? In this economy/market?

Will see what happens, I hope they can get the $$$ to stay in business, we would have nothing to argue about if SAI went under.

- Dan