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Astronics Corporation Message Board

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  • Eggplant101 Eggplant101 Jun 22, 2000 7:45 AM Flag

    Guess no one here

    I initially raised the question of nepotism. It's
    a question only, as I do not have enough
    information to have an informed opinion.

    There is room
    for some clever things to be done with this company.
    The packaging business should be taken private in an
    LBO. I would be delighted if the Keane family sought
    to do this, assuming they paid a fair value. The
    electronics business needs to be joined with a larger global
    electronics franchise in order to expand its technological
    reach and to expand its product sales into
    international markets. Keane Sr. had done a great job of
    building this business over the years. Kevin Keane has
    been at ATRO for 30 years. He's 67. It is not
    reasonable to expect him to run the company for another 30
    years. Ultimately, there is a succession or an end game.
    With the stock now unchanged from where it was at the
    end of September, 97--nearly 3 years--it's now worth
    asking: where do we go from here?

 
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