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News: $40.7 award to MTH

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  • Member since
    January 2001
  • From: US
  • 102 posts
Posted by superwarp1 on Saturday, November 6, 2004 12:12 PM
Yes knock it down to 20 mil settle and lets get on with running trains.

Gary
  • Member since
    April 2003
  • 305,205 posts
Posted by Anonymous on Sunday, November 7, 2004 10:42 AM
Does anyone know what MTH'S yearly sales are? I wonder what D-U-N-S has to say about the size of the business. I suspect that the size of this award is many times the size of MTH, Therefore the award does not meet the sanity test. I just hope Neil Young and QSI can work together to fix this. I lurked over on the other board and they are already carving Lionel up. They seem to think that Wellspring owns all of Lionel. However, Neil Young owns a good chunk and so does Richard Kughn, IIRC. If Mike wants a street fight, I suspect he might have gotten himself one. There is just no way that a company the size of MTH could be injured to that extent. Maybe Lionel did act illegally, and if so they should pay, but the amount should be based on a realistic analysis of the size of the tort which may have been committed by Lionel.
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Posted by Anonymous on Sunday, November 7, 2004 10:45 AM
My solution. I no longer buy MTH. WE can sit idle and let MTH bankrupt LIonel. If it were not for LIonel MTH would not exist and the hobby would not be what it is today. Friends this is just another case of uncontrolled and immoral greed.
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    April 2003
  • 305,205 posts
Posted by Anonymous on Sunday, November 7, 2004 10:56 AM
Would'nt be a hoot if a geneological check of Jerry Calabrese disclosed several senior Lionel "Italian Masters" in his ancestry.
  • Member since
    January 2002
  • From: Western Pennsylvania
  • 687 posts
Posted by prewardude on Sunday, November 7, 2004 8:07 PM
I wonder, if the internet and forums such as this had existed during J.L. Cowen's days at the head of Lionel, what these conversations would have been like? Methinks that people would be saying the same things about him that they are about Mike Wolf.
  • Member since
    April 2003
  • 305,205 posts
Posted by Anonymous on Sunday, November 7, 2004 8:12 PM
prewardude wrote:
"I wonder, if the internet and forums such as this had existed during J.L. Cowen's days at the head of Lionel, what these conversations would have been like? Methinks that people would be saying the same things about him that they are about Mike Wolf."

DEFINITELY

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