(Topic ID: 222468)

Is stern evil????

By TwoHeartedMale

5 years ago


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  • 320 posts
  • 123 Pinsiders participating
  • Latest reply 1 year ago by TheLaw
  • Topic is favorited by 8 Pinsiders

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    Topic poll

    “Is stern evil???”

    • Yea, that wasnt cool guys. 76 votes
      40%
    • Nope, stern can do no wrong. 30 votes
      16%
    • Hear no evil, see no evil. Its pinball baby! 83 votes
      44%

    (189 votes)

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    #219 5 years ago

    While SWLE was my last new Stern pinball due to the fact that the LE machine was stripped IMO, I don't see any problem with the free enterprise system. If/When Stern gets too greedy the market will change, but as of now Stern is killing it. I, for one, see more value in the remakes from CGC. My AFMLE has a far superior light show, display, and sound system along with a better cabinet build than anything Stern makes and it was cheaper as well. Of course, the remake market is only so big. I am also finding good value in some older mint Williams machines such as NGG.

    I think we are in a bubble as far as the pinball market goes and when the correction comes it will be significant. We will see how Stern and everyone else survives it.

    #224 5 years ago
    Quoted from pinnyheadhead:

    I think Stern’s 90% LTV Stated Income/ Stated Asset loan program will bite them in the ass in the long run.

    I am surprised they are borrowing any money at this point. I think about how many $6-$8k machines leaving the door daily and what the total overhead would be. It would help a lot if they would move out of the communist country of Chicago to a more tax friendly city/state.

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