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Could Mike Wolf end up owning Lionel?

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Posted by Anonymous on Friday, June 11, 2004 12:49 PM
With the $40mil he could save up and BUY Lionel practically in stock, like in the 60s with Rich Kuhn!
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Posted by Anonymous on Friday, June 11, 2004 12:15 PM
Elliot:

Or maybe Lionel HO takes the hit. Whether or not that happens depends upon how the sales of their new entries do.

Anybody know if Lionel's latest high priced HO offerings are selling?

Tony
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Posted by Big_Boy_4005 on Friday, June 11, 2004 12:09 PM
I thought we had discussed this one Jack. I remember seeing it, but it may have been inside one of the other topics. $40 mil is a lot of money by the toy train industry's standards, but when all is said and done, I doubt that Mike will be in charge at the circle L. They will find a way to pay over time, and life will go on just the way it always has. They aren't going to just roll over after over 100 years.

Dave may be right though, there probably will be some more changes in management. Who knows, maybe the Fastrack project will get dumped in an effort to cut costs and streamline operations. Wouldn't that be ironic? [swg]
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Posted by dougdagrump on Friday, June 11, 2004 12:06 PM
Both of their products are already overpriced in my opinion.

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Posted by okiechoochoo on Friday, June 11, 2004 12:04 PM
It has always been my understanding that Mike would like to own the Lionel name. This 41M verdict will probably be lowered but if not, I think there is a very good chance Mike could wind up owning Lionel thru some settlement. If that happened, I think Mike would shut down Lionel production and merely put the much better recognized name of Lionel on his trains. I would also expect him to stop all production and licensing of TMCC products. These are just my opinions of where we might be headed

All Lionel all the time.

Okiechoochoo

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Posted by FJ and G on Friday, June 11, 2004 11:51 AM
My understanding is that people in Lionel are following Maddox's lead and are polishing up their resumes. Every man for himself!

dav
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Could Mike Wolf end up owning Lionel?
Posted by Anonymous on Friday, June 11, 2004 11:45 AM
Could this ever happen? I don't think so. I noticed many people stating that he could become the owner of Lionel if MTH won this recent court battle. What do you guys think?

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