Quote: Never liked Twinkies - but I do miss Ding-Dongs...
Quote: Quote: Never liked Twinkies - but I do miss Ding-Dongs... Same here ! Chocolate is the only way to go .
Homemade 14.5" f4.3 Truss Dobsonian
"I'd like to remind you at four in the morning my world is very still, The air is fresh under diamond skies, makes me glad to be alive." Randy Bachmann "Blue Collar"
“A mind is like a parachute. It doesn't work if it is not open.” ― Frank Zappa
Quote:Meade - Too big to fail!
AT6RC, CG-5 mount, Canon T3i
Quote:Quote:"If and when Meade goes under, someone will step in a to buy it."Hostess went under....and nobody's bought the "Twinkies" brand...... Celestron went under, Suzhou Synta Optical Technology Co. bought Celestron. It was a good fit since Synta had been manufacturing a good part of Celestron's product line for quite some years.Meade looks to be in a similar situation with Jinghua, it would make sense for Jinghua to buy Meade and add it to Explore Scientific.But bankruptcy does not mean a company disappears, it means the owners are bankrupt and most likely someone else will take it over. In the case of Hostess, it was a dispute with the bakers union that led to the situation.Jon
Quote:"If and when Meade goes under, someone will step in a to buy it."Hostess went under....and nobody's bought the "Twinkies" brand......
Quote:I looked at the financials just yesterday out of interest for the size of the global telescope market. Meade is definitely in bad financial shape with dwindling cash and a huge buildup of inventory. They established a new line of credit facility at the beginning of the year, which replaced a previous credit facility that looked like it was on better terms than this new one. I expect the brand has too much value to go away, but from what I can see, the Astronomy equipment market has been and continues to be in decline. I'm guessing the global telescope market is currently on the order of $100M in annual sales. Figure that at least 80% of that is lower-end products, which would be consistent with other industries. Meade had $17.8M in revenue over the previous 4 quarters up through Nov 2012. I haven't found any specific metrics on unit sales, but I'm guessing that higher end telescopes and mounts (costing more than ~$1000) only account for less than 10,000 global unit sales for the whole industry. That's really not a very big market.These are back of the envelope numbers; if anyone has better information, I'd be very interested in seeing it.
Quote: I'll use good equipment from anywhere, but the Chinese stuff has never had the same feel to it the old stuff did. Some of this is just the move to plastics and lightweight CNC machined parts, I suppose.Long live Meade Instruments!GW
-Roger Pitre- 1 X 7 binocular MN65, Nexstar 8SE, SV70ED, Lunt 60 PT EQ6 Pro, Vixen GP2, Canon 50D, Modified XSi, SBIG ST-2000XM, 70-200 f/4L, BackyardEOS "He's got shoulders on him like a smelt..."--Anonymous <a href="" target="_blank">https://www.facebook.com/pages/AJP-Observatory/462651307139970?ref=ts&fref=ts</a> http://ajpobservatory.is-great.org/
Quote: One thing that used to be a real thrill with these scopes was that they were quality, American made items.
"You're not afraid of the dark, are you?" - Riddick "The best scientists are humble. They seek to understand, not to ensure their legacy, but merely to understand." - Mori
Nytecam 51N 0.1W Meade 30cm LX200 astrograph+C8+Ha+CaK PSTs+spectrographs SX M9+Lodestar-C+M CCDs/Canon 1100D DSLR My Meade astrograph-colour deepsky My supernova discovery My dome build/spectroscopes/DSO images/Lodestar colour images & videos
Quote:Just got an email from Meade inviting me to buy a LX850 @ US$6000 [10"?] that takes 30min to setup and start imaging. Wow Don't think I'll be parting with cash to Meade I'll stick with my obsy polar pier mounted classic 12"LX200 and image within 5min of opening door. Does anyone seriously setup to image from a tripod
Dave JessieOutreach Events
NSN Channel: BigAppleSkies
CPC 1100 with HD Pro Wedge with ETX-70 Finder Celestar C8, C80ED and PST Istar 150 Anistigmatic R30 on CGEM Jason 313 from 1975! Mallincam Extreme & Mallincam SSIc & Mallincam Micro DSI Pro, Orion SSAG, GPUSB, Nautilus Filterwheel JMI, Celestron and Orion MotoFocus, FCUSB1&2 Hyperion 5,13, ES 18, 30, OR 18, 25 TV 2.5x Powermate, WO Binoviewer with pairs: TV 7 Naglers, WO 20 and RKE 28
Quote: Witness things like the accessory market in astronomy - parts that cost pennies to produce overseas are inflated to $50 or $60 once the astronomy label is placed on them.
Quote:I will be so sorry if the company goes. You know someone will get it in bankruptcy court, and it will probably be the Chinese. One thing that used to be a real thrill with these scopes was that they were quality, American made items. I'll use good equipment from anywhere, but the Chinese stuff has never had the same feel to it the old stuff did. Some of this is just the move to plastics and lightweight CNC machined parts, I suppose.
Quote:I have heard from a trusted source in the industry that Meade is in fact on the verge of bankruptcy
Quote:Why don't we band together and set up a Kickstarter.com account to collect reserves and be the ones to buy Meade ourselves? Stranger things have happened at sea...
Quote:I'll never understand why Meade gutted the lower end of their line and poured money into high-end imaging gear.
12" DSH 8" f/4 Vega MakNewt
Quote:Put a 6" reflector in Walmart on a dob mount. If people shopping for that first telescope could actually buy something capable of keeping their interest the equipment companies would be doing much better.
Quote:They won't buy it! So many of the general public I know really just know one thing about scopes - motors buzzing and pointing it at all sorts of things the scope won't show.
Quote:Saw in another thread an item about Meade possibly going bankrupt. Then saw this article too: http://www.macroaxis.com/invest/ratio/MEAD--Probability_Of_Bankruptcy
My eyepieces are made from the waste product of exploding stars.
10XTi 102XLT ST80A(2" Focuser); President, Eypieces Anonymous, Denver Chapter (Hello, I'm an eyepiece junky, what's your excuse?)
DAS Dark Site
Quote:With luck (well, for us, not the local producers), the Chinese quality will progress like the Japanese did years ago. Though with the world economy in the shape it is now, not many people are willing to make good solid products that cost more to make.
Quote:...Their Lightswitch is clearly a telescope for beginners. It does everything for you, narrates, has lots of bells and whistles (that come off as gimmicky), etc. The 8" is $2,000!...Their extremely clumsy-looking LX850 mount is $6,000?! Anyone in the market for a $6,000 mount will probably turn to Losmandy or Astro-Physics before they ever consider Meade's contraption....
Quote:Meade is a company that doesn't know what it wants to be, so it tries to be everything to everyone.
__________________________________________________________________________________________________________________Sheet Metal Worker/Welder Indiana Astronomical Society 6" f/10 home brew dob, Quantum 4, 90mm Apex Mak, Criterion RV-6, Criterion RV-8, Coulter Odyssey 1 13.1", Meade 16" Lightbridge, Sears Discoverer 4-6305A, Manon 60mm (The Marsha Scope), Towa 11T, Tasco 10TE
Quote:Jon, I think one big difference between Meade and Orion is that Orion is nothing but a equipment seller. To my knowledge they don't R&D anything.
Clear, Steady Skies, Ed Kessler sic itur ad astra Living on Earth is expensive, but it does include a free trip around the sun. 16" Jeff Counsil Dob, Stellarvue SVA145mm, TV-85, Coronado SM60 Eyepieces: Vernonscope Binoviewer and Brandons, Pentax, Leica ASPH Zoom, Denkmeier Mount: Nova Hitch (On the way)