http://www.pinkbike.com/story.php3?id=1125
Regardless of your opinion on their products, it's got to be bad for the industry!
http://www.pinkbike.com/story.php3?id=1125
Regardless of your opinion on their products, it's got to be bad for the industry!
shitty… i wonder what happens to warrenty claims now?
That's too bad. I guess going the motorbike/atv route really hurt them. Still, I wouldn't be surprised if someone bought the company (at least the bicycle end).
Schwinn/GT were worse off last year when they went bankrupt…I'm sure C'dale will find a buyer and will start a-fresh minus the moto biz.
Warwick || Formula Photographic
http://www.BaconHandup.com/
What about Cedric?
I am a vegetarian not because I love animals but because I HATE plants.
It could be worse…you could be on fire.
yea im sure cedric and chase will get picked up soon.
Life's tough, it's even tougher if you're stupid.
Guns kill people just like pens cause spelling mistakes, cars create drunk drivers and spoons create fat people.
PM me to learn how to use credit card bonuses to fly for free.
Yeah, not sure what will happen with Cedric. Stikman is reporting that the Siemens sponsorship has not been finalized yet…although the Siemens-Cannondale team was going to be part of the Rainer-Wurz team structure. We'll have to wait and see what happens on that front.
Warwick || Formula Photographic
http://www.BaconHandup.com/
Ann Caro. must have known…
it'll be interesting to see what her new Team bike is….:D
Cedric is such a good rider and personality, he wont have any problems getting any other bike company to pick him up…
That's too bad. Another one bites the dust :(
da da do do do..another rides the busss,
da da do do do..another rides the bussss
aaaand another one on and another one on,
another rides the bus!
HEY! he's gunna SIT BY YOU!
another rides the busssssssss
sorry i got a bit carried away. anyways, crappydale shouldn't have gone in the motor direction. they we're doin great with the bike only thing. they just needed to lay off some workers and increase their income…but now they're pissin off the xc'ers and that not a good thing..
imagine thousands upon thousands of shaved legged spandex clad males running at you
J.M.T
Originally posted by eryn
IH8XC i'll keep you in mind when all the men die, all the goats die and the batteries in my vibrator run out.
there goes my hopes of getting a lefty. that is the nicest fork i have seen them come out with
:coo: biking for the Lord. :coo:
damn
that sucks huge
i met one of their frame engineers, he was really cool, and was going to help me and a bunch of friends make a frame
woah! thats wild! They fricken owned in dh.
But I guess their rep on hear as crack and fail kinda was tru with alot of people… that dirstbike/motorcyale thing also probably wasnt teh best idea. I mean, if things are goin fin just stick with them for gods sake!
A little knowledge is a dangerous thing. Cannondale IS NOT out of business. They have with their financial partners filed for voluntary bankruptcy protection (aka Chapter 11.) This will allow them time to restructure their company and not be forced into bankruptcy.
Check their website for more info.
The motorbikes will be gone but the bike company will be around for a long time.
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