http://www.youtube.com/watch?v=H1hTwBXr-GI&feature=player_embedded
Click here to read gurufocus.com’s analysis of Smith & Wesson’s prospects. Here’s the money shot (IMHO): “The company was showing progress in its pursuit to diversify away from revolvers which constituted 41 percent of net product and services sales in 2006. By 2010, this number was at 19 percent.” The guru sees this as a good thing. I see it as a bad thing, as the company has lost its core focus and weakened one of the world’s best brand names by diversifying away from revolvers . . .