Is it O.K. To Speculate Re: Company Stability Here?


  Today I read a thread a poster wondering in Mytek was still in business.  A couple of replies were critical of the poster for asking.

  Owners of Krell products started a few threads when the company didn’t answer queries about repairs.  Some criticism ensued due to alleged insensitivity to deaths in the family ownership.

  I mentioned that I heard a rumor about Sim Audio due to the demise of one of their founders and was told that I was on a mission to destroy their company.

   I fully understand that the Internet is the leading source of information, good and bad .  I also realize that it is the medium of commerce for audio companies .  I also realize that company margins are small and that misinformation can be very harmful to their bottom line.

  However the fact that these companies sometimes have precarious stability means that their customers, potential or otherwise, have legitimate questions.  Look how Thiel Audio, Krell, Audio Research, and Mytek have done over the past half decade or so.  If a creative voice at Sony leaves the company for whatever reason, chances are Sony will still be here for the next several decades.  With the companies Agoners tend to favor, it could be disastrous.

  That is a long winded prelude to my question, namely: Can we question the stability of companies here?  I don’t want to be a troll and hurt any manufacturer.  However where do we few tens of thousand aficionados get to ask legitimate questions?  This is a Forum for hobbyists, not God’s Writ on Absolute Truth.

  If anything I think that the quashing of rumors benefits the manufacturers more than seeds of doubt in the minds of consumers.  I speak as some who has previously bought Mytek and AR gear, and who has seriously considered SIm Audio.  Personally I am not going to spend thousands of dollars on something if I think the company may not be here in 6 months. YMMV.  However I think this space should be a legitimate place to ask questions.

mahler123

It's a great question. In hobbies with small bases, like audio, speculation affects companies much more. The history and structure of audio companies doesn't help either. These are often under 5 employee operations that a few small hiccups can sink. Combine that with us paying thousands for each product which become one technical problem away from being worth zero, and it's a precarious industry. Oh, don't forget not wanting to post or to see posted a negative thing about something you own, because the used market pretty much supports the entire industry. 

I've heard dealers say negative, speculative things about products they don't carry. That then gets repeated by customers that trust their opinion. Most of the time they know nothing more than anyone else and are often repeating what they hear in their "friend group". It becomes a tiny bubble within the already small audio bubble.

I don't know the answer to your question as it's dangerous to talk about problems, but also dangerous to not talk about problems. Audiogon boards also have the problem of poor moderation and no system of upvote/downvote to maybe combat some of these issues. I'd love to see a process of when things like that are posted, they get "hidden" until the manufacture can respond. Having good moderators would also be a huge help. These boards are ancient and need to be modernized in some way. It's the wild, wild west of audio forums here.

The internet is a place where everyone can voice their opinion.  It is a place where you will never make everyone happy. 

Questions about a public company's performance are never out of bounds.  Sensitivity to personal tragedy is always appopriate.  Speculation and rumor mongering happen a lot and responsible readers will ignore them.  Many will tell you they are inappropriate, but they just as well tell the sky not to rain.

Jerry

Sure it is totally acceptable a business that sells to the public is by its nature public facing and speculation on stability or anything else business related is the norm.