Comments on: Gone fishing — seriously…

By: Kit Brown

Kit Brown — Tue, 13 Jan 2009 20:28:33 +0000

Obviously “ASI Employee Jan 8/09″ has not attended the camp or is deliberately slagging it- perhaps an
attempt to take the heat off management???

By: asi employee

asi employee — Thu, 08 Jan 2009 12:32:23 +0000

The camp is a shack with very little to call it more than a spot to sleep. The plane was used for almost completely, taking 5 or 6 people that needed to go to a customer, and it made more sense to use it, than going commercial. I love how a laptop that is worth about $100 is talked about. Nobody wanted the fish camp.

By: Margaret Merrick

Margaret Merrick — Mon, 29 Dec 2008 20:12:22 +0000

Yes, this one is the worst!

By: Kit Brown

Kit Brown — Wed, 24 Dec 2008 19:24:23 +0000

The camp was certainly not a shack . In fact it was composed of 3 buildings , an old but well maintained
2 story 3 bedroom house that was used as the cook house, a five ? bedroom newer ie post 1960 single
story building with a large living area, fireplace ,showers, bath etc, an ice house and attached storage
building.. All fully furnished etc
I am sure Haines received as part of the deal the 8 14 ft aluminum boats , 9.9 horse outboard motors,
a large assortement of fishing gear rods ,reels, flys, landing nets, life jackets etc etc.
I am relaibly told that the property was appraised by Coldwell Bankers for $55,000. This does seem terribly underpriced but bear in mind it is in a depressed area of New Brunswick 2 hours from any major
centres. If appraised only as a residence in that area I have no doubt the appraisal is valid
However properly advertised in the USA eastern seaboard states and areas like Toronto and Montreal as a recreational property I am sure it would have fetched a much higher price.

By: george levinson

george levinson — Tue, 02 Dec 2008 16:52:48 +0000

A question occurs–Was the plane deemed expendable because the “camp” was sold? Or was the “camp” sold because the lane was no longer available? Definitely “footnote of the year” candidate.

By: John Moore

John Moore — Fri, 28 Nov 2008 02:53:05 +0000

Several former employees had tried to get access to buying this camp = I know Bill Tierney would have offered twice that amount if he could have gottten the ear of Gringo.
I am sure Bill will give you all the answers if you call him.
(781)-899-1555

By: Chris Skrenka

Chris Skrenka — Thu, 27 Nov 2008 15:54:33 +0000

I’ve been a shareholder of SHLM for several years now. I’m appalled and disgusted hearing this. I was undecided about which side to believe in recent proxy contests with the activists. Obviously, there is no question in my mind any longer. Luckily, I bought near it’s 10-year low, so I may hold on to see if Ramius and Barrigton are successful in fully enhncing shareholder value, or at least what’s going to be left of it. Thanks for the research and detective work Michelle.

By: Geoffrey Linx

Geoffrey Linx — Wed, 26 Nov 2008 18:29:06 +0000

The camp is very remote and is in Canada. Near an indian reservation, I’m told. Never went there while employed at ASI but heard lots of stories of fun and frolic! These things are why are economy is where it is GREED and self-indulgence.

By: Michelle Leder

Michelle Leder — Tue, 25 Nov 2008 22:07:45 +0000

I love how they’ve owned the camp since 1952 and the first time it made it into an SEC filing was last November. Damn those evil activist investors — ruining the world for the rest of us by forcing companies to expose this sort of thing

By: Mike Damone

Mike Damone — Tue, 25 Nov 2008 22:03:55 +0000

Clarification accepted. I misinterpreted that one. And you are probably right. Odds are if it was used for business entertainment purposes, the fully stocked bar and hot tub cost more than that.