The real question here is where did the molds, and the partially finished boats go? It would seem that a person who had a deposit should have some rights to at least purchase a partially finished boat. We have purchased a number of boat items at auctions. It is not unusual to not see the most valuable assets in these auctions. We have also purchased items before the situation came to auction--and in these cases purchased partially finished boats, or the molds and manufacturers name. In some cases, we went to company executatives homes to purchase essential parts which were no longer in warehouses. I am not suggesting that this might happen in this case. It is a real shame that this company did not make it. The product was excellent and they made a lot of inroads to popularize the relitatively in-expensive trawler cat. Probably the "best buy" on the market. And, perhaps this is why they failed. Bob Austin

>The real question here is where did the molds, and the partially finished >boats go? It would seem that a person who had a deposit should have some >rights to at least purchase a partially finished boat. We have been unable to confirm the rumor that the PDQ tooling and molds are owned by the man who ordered the very first PDQ sailboat 20 years ago. >It is a real shame that this company did not make it. The product was >excellent and they made a lot of inroads to popularize the relitatively >in-expensive trawler cat. Probably the "best buy" on the market. And, >perhaps this is why they failed. I believe a number of factors coming together at the same time sank PDQ. Chief among them was the fact that the tooling for the PDQ 41 cost way more than expected, mainly because they tried to do everything right the first time. Combine that with a downturn in the boating market, AND a dramatic slide of 22.3 percent in the exchange rate between U.S. and Canada, and you have a financial crisis on your hands. --Georgs -- Georgs Kolesnikovs Power Catamaran World http://www.powercatamaranworld.com

  ____________________________________________________________________________________

--- Georgs Kolesnikovs <georgs@powercatamaranworld.com> wrote: > >The real question here is where did the molds, and > the partially finished > >boats go? It would seem that a person who had a > deposit should have some > >rights to at least purchase a partially finished > boat. > > We have been unable to confirm the rumor that the > PDQ tooling and > molds are owned by the man who ordered the very > first PDQ sailboat 20 > years ago. > > >It is a real shame that this company did not make > it. The product was > >excellent and they made a lot of inroads to > popularize the relitatively > >in-expensive trawler cat. Probably the "best buy" > on the market. And, > >perhaps this is why they failed. > > I believe a number of factors coming together at the > same time sank > PDQ. Chief among them was the fact that the tooling > for the PDQ 41 > cost way more than expected, mainly because they > tried to do > everything right the first time. Combine that with a > downturn in the > boating market, AND a dramatic slide of 22.3 percent > in the exchange > rate between U.S. and Canada, and you have a > financial crisis on your > hands. > > --Georgs > -- > Georgs Kolesnikovs > Power Catamaran World > http://www.powercatamaranworld.com > _______________________________________________ > Power-Catamaran Mailing List > From: Unsatisfied PDQ Buyer, I was the purchaser of hull #116 and was really looking forward to picking my boat up at the PDQ U in May. I had spent my hours and days researching power cats and what would fit my purposes. There was no doubt in my mind that PDQ was the best boat for the money and the people were wonderful to work with in finalizing the options and color choices. I agree with your statement regarding the option to pick up the hull but was never approached with that option nor did anyone inform me of the impending doom. I am still in the market to purchase a new power cat but the only vessel that looks interesting to me is the new solar/electric cat mentioned in prior articles. If anyone has more info. regarding the new hybrid I would be greatly interested. Michael mlkdesign@yahoo.com ____________________________________________________________________________________ Looking for last minute shopping deals? Find them fast with Yahoo! Search. http://tools.search.yahoo.com/newsearch/category.php?category=shopping