Re: Possible reason for the gun manufacturers to lobby for the extension of the 1994 AWB

"Eric Pinnell" <see my web site> wrote in message
news:[EMAIL PROTECTED]
> On Sat, 29 Nov 2003 12:12:32 -0600, "D.A. Tsenuf" <[EMAIL PROTECTED]>
> wrote:
>
> >Just talking to a seller of magazines at a gun show.
> >He is of the opinion that the major gun manufacturers such as Ruger,
Glock,
> >Smith & Wesson will be very actively lobbying to EXTEND the 1994 Assault
> >Weapon Ban due to expire next year.
> >The reason ?
> >They are facing major inventory and production costs if the ban expires
> >Thnk of all those 10-round mags that nobody will want ?
> >Think of all the guns that are already packaged with 10-round mags that
will
> >have to be re-packaged with larger capacity magazines to meet the demand
?
> >
> >Somthing to think about.
> >    Definitely something to take action about...
>
>   He is full of shit. The AWB meant that companies produced a big pile
> of mags at a cheap price, which they sold for a fortune during the
> ban. When the ban expires, whatever they've got left over will be sold
> at a lower price, but not at a loss.
>     Besides, there's many types of magazines (such as the 9mm Beta C
> Mag) that were not available to civilians prior to the ban, which can
> now be sold.
>

<sigh>

Please try to follow.
There are a whole lot of guns that are packaged and on the shelves of stores
and warehouses with 10-rounders that will be hard to sell if the AWB expires
Manufacturers also have some (posibly large) inventory of 10-rounders that
will be worthless if the ban expires
Manufacturers also have an investment in tooling to make the 10-rounders
This would all have to be written off to zero if the AWB expires. BUT NOT if
the AWB is extended..
Whatever profits they may have made in the last 10 years selling of at
higher prices the older "pre-ban" magazines" is a TOTALLY unrelated issue,
both business and accounting wise.