mst/colt, page-4

good find raglan and yes, you may be right - a downgrade on the credit rating and on its notes has the simple implication that finiancing costs more, so Colt would be doing all it can to head off the downgrade on its notes

so an announcement that it is going to produce the Maul would help fend off that downgrade, potentially

and while they're at it, why not also mention that they will be manufacturing the 3GL, which makes perfect sense since they already have the manufacturing capability in place, (which some changes), with its M203 grenade launcher - hey, why not sell a 3 shot grenade launcher to the US military instead of an old single shot?

the creditwatch is meant to be resolved 'in the coming weeks', so an announcement about Colt and MST would have to occur before S&P finish their work - but who knows, maybe Colt don't give a damn, and will wait to perfect the MST deal over whatever time it takes - such a huge deal can't be rushed by the likes of S&P


good luck