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06-08-2003, 08:29 AM
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CC Member
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Join Date: Aug 2002
Location: Mohawk,
NY
Cobra Make, Engine: Classic Roadster,351w 405HP
Posts: 174
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Not Ranked
I didn't post the whole response letter from Tom Eide. It goes on to say : "The acquisition continues to be negotiated and may ultimately be the best solution." The concern for the car portion of the business has been gone for a long time,as evidenced by the backorders and customer service. Surely these people know that they themselves,have destroyed that part of their business. The only logical conclusion would be to sell. At least they would get something for the remains of the car business.
Don and DV ARE the guys that can make this car great! Period!
Tom Eide, if your listening, let's get this deal signed so that we can all move on.
Charlie
Last edited by starwolf56; 06-08-2003 at 08:31 AM..
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07-10-2003, 05:28 AM
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CC Member
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Join Date: Jan 2001
Location: Halfmoon,
NY
Cobra Make, Engine: in the search, engine 351 Windsor
Posts: 226
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Not Ranked
any word???
is the Transfer final yet???
__________________
will have a cobra .... someday
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07-10-2003, 07:16 AM
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CC Member
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Join Date: May 2000
Location: Sauk Centre,
MN
Cobra Make, Engine: Owner, Classic Roadsters II
Posts: 1,347
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Not Ranked
After working with the lawyers on both sides we finally came to agreement. IMAR is having a board meeting on Tuesday for the vote to accept. The closing date should follow within 2 weeks of the vote. Looking real good at this point. I'll post again after the vote on Tuesday.
Don
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07-10-2003, 09:24 AM
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CC Member
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Join Date: Feb 1999
Location: Kansas City,
MO
Cobra Make, Engine: CRL, 351W, Tremec TKO
Posts: 2,299
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Not Ranked
WOO-HOO!!! Keepin' my fingers crossed for you Don!
__________________
Pete K.
Who is John Galt?
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07-10-2003, 10:55 AM
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Club Cobra Member
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Join Date: Jun 2002
Location: Fresno,
CA
Cobra Make, Engine: Classic Roadsters, 351W -> 392
Posts: 1,086
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Not Ranked
Don,
you have mail!!!
WOO HOOO!
I will wait with great expectations!!!
__________________
"Smooth seas do not skillful sailors make"
"If you can read this, thank a teacher....and since it's in English, thank a soldier."
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11-16-2003, 06:00 PM
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CC Member
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Join Date: Nov 2003
Location: Marana, Arizona,
Posts: 4
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Not Ranked
I paid Classic Roadsters $11,900 in July 1992 for a Cobra kit. I still have nothing. What was once a dream became a nightmare that I could ill afford. 11 years ago $11,900 was a lot of money, as a matter of fact, it still is. Guess I will always have to live with the memory of "I bought a Cobra once." James Cooper jjemcoop@aol.com
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11-16-2003, 06:41 PM
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CC Member
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Join Date: Nov 2003
Location: Marana, Arizona,
Posts: 4
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Not Ranked
I got taken by CR in 1992. This thread left off just when it was getting interesting.
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11-16-2003, 06:50 PM
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CC Member
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Join Date: Nov 1999
Location: Pentwater,
Mi
Cobra Make, Engine: Professional Cobra & Streetrod Builder
Posts: 5,352
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Not Ranked
Jim,
How up to date are you on the old CR's fiasco? Do you know where it stands now? Just so you know, Don and I both lost roughly the same amount you lost. Don, the dirty dog that he is finally got most of his back...I never did  But, simply because the cars were never "downgraded" if you will, Don and I kept building them. They're still great Cobras and I'm here to tell ya, they're going to get a lot better!
If I can help in anyway, let me know.
DV....man that sucks!
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11-17-2003, 07:44 AM
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CC Member
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Join Date: May 2000
Location: Sauk Centre,
MN
Cobra Make, Engine: Owner, Classic Roadsters II
Posts: 1,347
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Not Ranked
WOW ! 12 years later and they still pop up. I feel for you, as DV said both of us got stuck, along with hundreds of others. If you read the entire thread then you will understand what has been happening the last few years. I purchased the company in July of this year and made a promise to fill all current backorders. We are almost complete on doing that. I also promised I would not ship any complete kits until the backorders were filled. 3 1/2 months and 130k later I'm almost ready to ship kits. This has been quite a large undertaking that I would not have given my worst enemy. The one thing that keeps me going is knowing that Classic built one of the best lines of cars in the industry. I will improve on that and make sure the past doesn't come back to get us.
From your post I can understand the hostility you have towards Classic. We all had it at that time. If I had an open checkbook I would try and make things right, but I can't. The past is the past, the people that stole from you have served some time, and the company continues under new ownership, in a new state, with a new attitude, and with a mission to be the best.
Don
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01-21-2004, 04:44 PM
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CC Member
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Join Date: Jan 2004
Location: Waupun Wi.,
Wi
Cobra Make, Engine:
Posts: 2
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Not Ranked
Don I am looking for a Kit and have a fab. shop in central Wisconsin,if I can help (with any thing but money) please let me know. Leon
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01-21-2004, 05:51 PM
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CC Member
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Join Date: Nov 1999
Location: Pentwater,
Mi
Cobra Make, Engine: Professional Cobra & Streetrod Builder
Posts: 5,352
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Not Ranked
Leon,.
First post? Welcome. Do you know Don? What type of fab. shop?
DV...always looking for top of the line fabricators!
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01-21-2004, 07:02 PM
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CC Member
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Join Date: Feb 1999
Location: Kansas City,
MO
Cobra Make, Engine: CRL, 351W, Tremec TKO
Posts: 2,299
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Not Ranked
What an odd spot to put a first post. Heck, this thread is nearly a year old and all sorts of things have changed (for the better).
Welcome to CC Leon!
__________________
Pete K.
Who is John Galt?
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01-22-2004, 08:13 AM
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CC Member
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Join Date: May 2000
Location: Sauk Centre,
MN
Cobra Make, Engine: Owner, Classic Roadsters II
Posts: 1,347
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Not Ranked
Whew! I was scared for a minute. Let us know what you do and where you are in Wi.
Don
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01-22-2004, 10:49 AM
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CC Member
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Join Date: Feb 1999
Location: Kansas City,
MO
Cobra Make, Engine: CRL, 351W, Tremec TKO
Posts: 2,299
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Not Ranked
See what happens when you take a vacation Don! 
__________________
Pete K.
Who is John Galt?
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01-22-2004, 11:29 AM
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CC Member
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Join Date: May 2000
Location: Sauk Centre,
MN
Cobra Make, Engine: Owner, Classic Roadsters II
Posts: 1,347
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Not Ranked
Pete, this was the first real vacation I've ever taken so I decided I would forget about everything at home. We spent 7 days on a cruise ship, visited 6 islands, listened to reggae music all day and night, snorkeled, swam, danced like a fool and drank like fishes. I had a ball and the only thing I missed at home were the grandkids. Now I'm back to normal, 12 hour workdays, my ear hurts from talking on the phone, I'm back at the gym trying to work off the extra pounds from the trip, eating bologna for lunch, and trying to make Classic the best company in the world. God I love life!!!! 100 degree difference in temperature in 6 hours will wake your ass UP!
Don
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01-22-2004, 12:08 PM
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Average Guy
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Join Date: Sep 2002
Location: Rushville,
IN
Cobra Make, Engine: red Shell Valley, white stripes
Posts: 579
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Not Ranked
I, too, was a 1992 victim of CR. (Just $2500, thank goodness-not as bad as some others) But I wouldn't think of holding it against the present regime. I'm watching your company with interest, because I think you're going to make something very good out of it.
Cruise ships really are fun, aren't they. I'm glad you had a good time. Best of luck as you build CR2.
__________________
When I said I wanted to be somebody, I probably should have been more specific...
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01-22-2004, 01:46 PM
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CC Member
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Join Date: May 2000
Location: Sauk Centre,
MN
Cobra Make, Engine: Owner, Classic Roadsters II
Posts: 1,347
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Not Ranked
Dirty Harry, thanks, I appreciate the kind words. We actually shipped a kit the other day with 0 backorders. We have shipped about 12 kits in the last 3 weeks with very minimal backorders that will be filled within 3 weeks. It's quite a job getting the vendors to work on your schedule. My welding shop is hanging us up on many parts, we just hired 1 more full time and 1 part time person to try and get us caught up. The upholstery shop is a little behind. Fiberglass is keeping up and the bodies are coming out almost perfect. They almost look like you could put a coat of wax on them and use them as-is if you like the gray primer color. This has been a very long learning curve but I'm confident in the direction the company is going. My major priority right now is finding a sofware package for our inventory and sales. I think I found a good one, PC-MRP Inventory looks like it may fill the bill. I just hired a filing and data entry person to help us computerize!
Don
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01-22-2004, 05:55 PM
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CC Member
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Join Date: Feb 1999
Location: Kansas City,
MO
Cobra Make, Engine: CRL, 351W, Tremec TKO
Posts: 2,299
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Not Ranked
Don,
We just got back from a week in Aruba. Great place. Very friendly folks. We decided to do a cruise ship next time, visit a lot of islands.
Sounds like you've got the company nearly running like a clock, great to hear stuff is coming together!
__________________
Pete K.
Who is John Galt?
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01-22-2004, 06:05 PM
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CC Member
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Join Date: Nov 1999
Location: Pentwater,
Mi
Cobra Make, Engine: Professional Cobra & Streetrod Builder
Posts: 5,352
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Not Ranked
I know you guys expect this from me, but putting that aside, Don IS doing one helluva job here. I couldn't be prouder.
DV...This is getting better and better all the time!
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01-22-2004, 08:27 PM
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CC Member
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Join Date: Feb 1999
Location: Kansas City,
MO
Cobra Make, Engine: CRL, 351W, Tremec TKO
Posts: 2,299
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Not Ranked
good product + good reputation = success
__________________
Pete K.
Who is John Galt?
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