All that matters is this quote:

Quote:
In an effort to turn Cakewalk’s finances around quickly, one of my colleagues and I put together a drastic cost reduction plan that would have made Cakewalk profitable.


He also went on to mention a saturated market. Without knowing anything about Cakewalk, when I read Gibson killed them it's obvious they were losing money. Nobody will just kill a subsidiary if it's making money. They may sell it but not simply kill it.

Junk guitars, comments about capitalism and all that is irrelevant. Cake was bleeding cash. That's it. You would do the same if you tried being an Ebay store, lost your butt for a few years and gave it up. How much money are you going to give to a loser?

If people want to say they died because of mismanagement well, that implies that proper management could have made money. That further implies that someone will put together a new team and make an offer to Gibson to buy it. If CW is truly a money making opportunity someone will jump on it. Hasn't happened yet but who knows?

Bob

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