Re: Re: Sport Chalet net loss of $32.4 Million in 3rd qtr of 2009

Scuba Diving on the Great Escape Southern California Live-Aboard Dive Boat

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Posted by Mike Meagher on February 13, 2009 at 09:30:43:

In Reply to: Re: Sport Chalet net loss of $32.4 Million in 3rd qtr of 2009 posted by dave on February 11, 2009 at 20:34:31:

Harsh as this may sound, but I dont feel sorry for the boats that "rely" on just one customer for the majority of their business. That is not a good business strategy.

Yes, it will indeed hurt some boats, but on the flip side, other boats may "pick up" business opportunities if SC were to cease operations.

If I were a boat owner, and chartering with SC, I'd make sure that they provided a cashiers check prior to each charter. Thats for sure. NO credit extended.

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