Article

2014-01-27 -Land of the Free

Smith & Wesson to Sell Fewer Guns in Calif. Over Microstamping Law

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Posted by Anguper Hupomosing9418 2014-01-27 00:00|| || Front Page|| [2 views ] Top

#1 Guns will sell, as usual, among those to whom guns are illegal and unauthorized already. If the manufacturers are closing open sales in these states, they also should not honor requests from law enforcement as well.

Posted by Procopius2k 2014-01-27 08:36|| 2014-01-27 08:36|| Front Page Top

#2 I don't think they've got much to be concerned about as far as earnings or market share:

Key stats and ratios

SWHC - $13.28 per share
Q4 (Oct '13) 2013

Net profit margin 12.31% 13.86%
Operating margin 20.66% 22.61%
EBITD margin - 25.40%
Return on average assets 18.55% 27.66%
Return on average equity 42.24% 55.35%
Employees 1,475

Posted by Besoeker 2014-01-27 10:34|| 2014-01-27 10:34|| Front Page Top

#3 This will reduce *lawful* ownership of handguns, which is a stated goal of the Left.

I would love to see all police firearms microstamped. I mean, it's for 'safety' right? And cops might even be stupid enough to leave their brass lying around.

Posted by Iblis 2014-01-27 12:50|| 2014-01-27 12:50|| Front Page Top

#4 Straw purchases from out of state will skyrocket.

Posted by 49 Pan 2014-01-27 16:08|| 2014-01-27 16:08|| Front Page Top

#5 Next time riots, burning, mob violence and looting occurs in California, the outcome is going to be one-sided.

Posted by JohnQC 2014-01-27 18:55|| 2014-01-27 18:55|| Front Page Top

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