Re: Be Very Afraid New York race fans (649 Views)
Posted by:
Silver Charm (IP Logged)
Date: May 18, 2004 03:41PM
All of my joking aside JB is a minnow in a pool of sharks. You guys are dead-on about Stronach he is a disaster.
So why does he want the Properties, is it the Handle or the Content??? Figure that out and you have a better chance of stopping him. The "We Will Rebuild This Place" lie is the same one he uses in every acquisition presentation. And all of his wide-eyed listeners believe him because they are so tight for Cash they think he will actually pull it off.
Let me tell you he can't, the gross profit margins are too small and after the Series of Acquisitions he performed a few years ago he knows it by now, IF??? he didn't before.
Technology has changed the game, the NY Handle is about what 20% of the total Racing Handle ?? But like I said, the game has changed and the handle CAN MOVE. He has already proven he will close off access to the Content to only his paying customers.
Figure out where he is going with this and you are a long ways towards beating him head-on.
Right now with the interest in Racing starting to build momentum, access to Content should be made easier not more restricted.
Stronach is absolutely the wrong guy for what is beginning to look like the right time for Racing.
Post Edited (05-18-04 15:47)