Did Greg get greedy again?

Crecentius Vespasianus said:

I think everyone saw the Trek/Lemond split coming �

Trek Company Update, �Trek to Immediately Sever Relationship with
Greg LeMond�

There�s a Press Release and a whole media primer. If this is public, you
can bet it got real nasty � you can even smoking gun it yourself in this
initial summons and read a ways into the complaint to find that it�s an
alleged Bro deal gone wrong (page 4, para 16)!

� since 1999 Greg LeMond has made numerous purchases of LeMond
bicycles at employee pricing from Trek with a suggested retail value of
over $2,500,000. Upon information and belief, Greg LeMond has resold,
bartered for value or otherwise distributed many or most of these bikes,
harming Trek and its dealers

copied from http://bikehugger.com/2008/04/trek_drops_lemond.htm
--------
Is there no end to this guy's greed?

$2.5m at say $2.5k full retail value each, that's 1000 bikes. over 9
years, that's 111 per year, or roughly 10 per month.

put another way, the dow dropped from ~12300 to ~11800 this week, wiping
out about 4% of your retirement portfolio, and you give a flying one
about greg lemond selling 10 bikes a month? dude, get a freakin' grip.

In article <[email hidden]>,

Crecentius Vespasianus said:

I think everyone saw the Trek/Lemond split coming Š

Yes, two months ago.

Quoted message said:

Trek Company Update, ŒTrek to Immediately Sever Relationship with
Greg LeMond¹

There¹s a Press Release and a whole media primer. If this is public,
you can bet it got real nasty ‹ you can even smoking gun it yourself
in this initial summons and read a ways into the complaint to find
that it¹s an alleged Bro deal gone wrong (page 4, para 16)!

Š since 1999 Greg LeMond has made numerous purchases of LeMond
bicycles at employee pricing from Trek with a suggested retail value
of over $2,500,000. Upon information and belief, Greg LeMond has
resold, bartered for value or otherwise distributed many or most of
these bikes, harming Trek and its dealers

copied from http://bikehugger.com/2008/04/trek_drops_lemond.htm
--------
Is there no end to this guy's greed?

Well, what facts do you have to base your slander upon?

Werehatrack said:

On Fri, 20 Jun 2008 23:53:39 -0500, Tim McNamara

may have said:

Well, what facts do you have to base your slander upon?

It's not slander. Slander is spoken. This was libel.

Even though Lemond is a "public figure"?

On Fri, 20 Jun 2008 23:53:39 -0500, Tim McNamara

may have said:

Well, what facts do you have to base your slander upon?

It's not slander. Slander is spoken. This was libel.

--
My email address is antispammed; pull WEEDS if replying via e-mail.
Typoes are not a bug, they're a feature.
Words processed in a facility that contains nuts.

"jim beam" <[email hidden]> wrote in message
news:[email hidden]...

Quoted message said:

Crecentius Vespasianus said:

I think everyone saw the Trek/Lemond split coming ?

Trek Company Update, ?Trek to Immediately Sever Relationship with
Greg LeMond?

There?s a Press Release and a whole media primer. If this is public, you
can bet it got real nasty ? you can even smoking gun it yourself in this
initial summons and read a ways into the complaint to find that it?s an
alleged Bro deal gone wrong (page 4, para 16)!

? since 1999 Greg LeMond has made numerous purchases of LeMond
bicycles at employee pricing from Trek with a suggested retail value of
over $2,500,000. Upon information and belief, Greg LeMond has resold,
bartered for value or otherwise distributed many or most of these bikes,
harming Trek and its dealers

copied from http://bikehugger.com/2008/04/trek_drops_lemond.htm
--------
Is there no end to this guy's greed?

$2.5m at say $2.5k full retail value each, that's 1000 bikes. over 9
years, that's 111 per year, or roughly 10 per month.

put another way, the dow dropped from ~12300 to ~11800 this week, wiping
out about 4% of your retirement portfolio,

Not me, I like it when the Dow drops since I moved all my 401K money
to a money market last year as soon as the news broke about the mortgage
[censored]. I knew the fan was coming and now I'm laughing my ass off. As soon
as the market stops dropping and starts going up I'll move it all back into
stocks and clean up!

Ted

On Fri, 20 Jun 2008 22:44:20 -0700, "Bill Sornson" <[email hidden]> may

have said:

Werehatrack said:

On Fri, 20 Jun 2008 23:53:39 -0500, Tim McNamara

may have said:

Well, what facts do you have to base your slander upon?

It's not slander. Slander is spoken. This was libel.

Even though Lemond is a "public figure"?

Yup. Slander is spoken. If it's in print, it's libel. The subject
isn't the point, it's the method of delivery.

Something can be either slander or libel and not be cause for action,
however.

--
My email address is antispammed; pull WEEDS if replying via e-mail.
Typoes are not a bug, they're a feature.
Words processed in a facility that contains nuts.

In article <[email hidden]>,

Ted Mittelstaedt said:

"jim beam" <[email hidden]> wrote in message
news:[email hidden]...

Quoted message said:

Crecentius Vespasianus said:

I think everyone saw the Trek/Lemond split coming ?

Trek Company Update, ?Trek to Immediately Sever Relationship with
Greg LeMond?

There?s a Press Release and a whole media primer. If this is
public, you can bet it got real nasty ? you can even smoking gun
it yourself in this initial summons and read a ways into the
complaint to find that it?s an alleged Bro deal gone wrong (page
4, para 16)!

? since 1999 Greg LeMond has made numerous purchases of LeMond
bicycles at employee pricing from Trek with a suggested retail
value of over $2,500,000. Upon information and belief, Greg
LeMond has resold, bartered for value or otherwise distributed
many or most of these bikes, harming Trek and its dealers

Quoted message said:

Quoted message said:

Quoted message said:

copied from http://bikehugger.com/2008/04/trek_drops_lemond.htm
-------- Is there no end to this guy's greed?

$2.5m at say $2.5k full retail value each, that's 1000 bikes. over
9 years, that's 111 per year, or roughly 10 per month.

That seems like an awful lot of bikes, when you put it that way, and
you'd think that Trek would have noticed 8 years ago...

Quoted message said:

Quoted message said:

put another way, the dow dropped from ~12300 to ~11800 this week,
wiping out about 4% of your retirement portfolio,

Not me, I like it when the Dow drops since I moved all my 401K money
to a money market last year as soon as the news broke about the
mortgage [censored]. I knew the fan was coming and now I'm laughing my ass
off. As soon as the market stops dropping and starts going up I'll
move it all back into stocks and clean up!

Not as much as you could have if you were buying those stocks at the
bottom instead of after the bottom. Your method will usually lag behind
and end up costing you in the long run.

In article <[email hidden]>,

Werehatrack said:

On Fri, 20 Jun 2008 23:53:39 -0500, Tim McNamara

may have said:

Well, what facts do you have to base your slander upon?

It's not slander. Slander is spoken. This was libel.

Point taken. The gist remains salient.

Quoted message said:

Crecentius Vespasianus said:

I think everyone saw the Trek/Lemond split coming �
Trek Company Update, �Trek to Immediately Sever Relationship with
Greg LeMond�
There�s a Press Release and a whole media primer. If this is public,
you can bet it got real nasty � you can even smoking gun it yourself
in this initial summons and read a ways into the complaint to find
that it�s an alleged Bro deal gone wrong (page 4, para 16)!
� since 1999 Greg LeMond has made numerous purchases of LeMond
bicycles at employee pricing from Trek with a suggested retail value
of over $2,500,000. Upon information and belief, Greg LeMond has
resold, bartered for value or otherwise distributed many or most of
these bikes, harming Trek and its dealers
copied from http://bikehugger.com/2008/04/trek_drops_lemond.htm
Is there no end to this guy's greed?

jim beam said:

$2.5m at say $2.5k full retail value each, that's 1000 bikes. over 9
years, that's 111 per year, or roughly 10 per month.

put another way, the dow dropped from ~12300 to ~11800 this week, wiping
out about 4% of your retirement portfolio, and you give a flying one
about greg lemond selling 10 bikes a month? dude, get a freakin' grip.

Right. Put another way, that's barely enough volume to be a Trek dealer...
--
Andrew Muzi
<www.yellowjersey.org/>
Open every day since 1 April, 1971
** Posted from http://www.teranews.com **

Quoted message said:

Quoted message said:

--------
Is there no end to this guy's greed?

Well, what facts do you have to base your slander upon?

----------
Where should I start, there's the public record, but I'll base it on
personal thing I saw Greg do. It was a charity ride, and the
understanding was that Greg was to ride the whole ride. He didn't, he
quit half way through, and sold his number to numb-skull that was
willing to give him 5 bucks for it. It's legend the things he has done,
he even revolutionized cycling in Europe when he demanded to get paid
huge sums of cash (in it's day) for riding a bike. He's used the bike,
for cash since the beginning, never for the love of the sport.

Crescentius Vespasianus said:

Quoted message said:

Quoted message said:

-------- Is there no end to this guy's greed?

Well, what facts do you have to base your slander upon?

----------
Where should I start, there's the public record, but I'll base it on
personal thing I saw Greg do. It was a charity ride, and the
understanding was that Greg was to ride the whole ride. He didn't, he
quit half way through, and sold his number to numb-skull that was
willing to give him 5 bucks for it. It's legend the things he has done,
he even revolutionized cycling in Europe when he demanded to get paid
huge sums of cash (in it's day) for riding a bike. He's used the bike,
for cash since the beginning, never for the love of the sport.

raise the hammer and sickle kamerade! thy loathing of the korrupt
kapitalist system is most kommendable!

where do you live btw? does your kommunist republik have professional
athletes at all? how about professional athletes that aren't dumb
schmucks that want to turn down the opportunity to make a buck or two?
assuming greg does of course - he might lose money on his bike sales for
all the, er, "facts" you seem to know.

In article <[email hidden]>,

Crescentius Vespasianus said:

Quoted message said:

Quoted message said:

-------- Is there no end to this guy's greed?

Well, what facts do you have to base your slander upon?

---------- Where should I start, there's the public record, but I'll
base it on personal thing I saw Greg do. It was a charity ride, and
the understanding was that Greg was to ride the whole ride. He
didn't, he quit half way through, and sold his number to numb-skull
that was willing to give him 5 bucks for it. It's legend the things
he has done, he even revolutionized cycling in Europe when he
demanded to get paid huge sums of cash (in it's day) for riding a
bike. He's used the bike, for cash since the beginning, never for
the love of the sport.

Prior to Lemond, pro cyclists were paid horribly- far below tennis
players, golfers, etc.- basically slave wages. Even Eddy Merckx was
vastly underpaid. The great Ric the 1st engaged in smuggling during his
career in order to make ends meet. There are other stories.

Lemond came to pro bike racing, demanded and got American style money
because he understood the marketing value of professional athletes.
Salaries followed suit for other riders. Both Sean Kelly and Robert
Millar made public statements thanking Lemond for modernizing the sport
in terms of incomes. Was this greed, or simply understanding what was
the due of pro cyclists?

There's lots of [censored] flung at Lemond for acting like any American
professional athlete acts: understanding that it's a short, brutish
career and that the time available to capitalized on one's talents is a
very limited window. If you're gonna castigate Lemond for pushing to
earn what he could, you'd better also castigate Armstrong, and Indurain,
and Museeuw, and...

As far as the stuff with Trek, allegation != proof. Maybe Lemond did
it, maybe he didn't. Maybe he sold the bikes for a boatload of cash,
maybe he gave them to charities. That's gonna make a difference in how
we view his actions.

Lemond's not my favorite guy, but he's a downright gentleman compared to
Lance.

"Tim McNamara" <[email hidden]> wrote in message
news:[email hidden]...

Quoted message said:

As far as the stuff with Trek, allegation != proof. Maybe Lemond did
it, maybe he didn't. Maybe he sold the bikes for a boatload of cash,
maybe he gave them to charities. That's gonna make a difference in how
we view his actions.

Lemond's not my favorite guy, but he's a downright gentleman compared to
Lance.

1) The implication that Trek is lying about LeMond is so silly as to make
you look silly.
2) When did you meet Lance and/or LeMond in order to make such a judgment?

Tim McNamara said:

Lemond's not my favorite guy, but he's a downright gentleman compared to
Lance.

Let's face it. We (Americans) are not getting the sort of
ambassadorship from either of these former champions that we would
have hoped. Throw in Floyd and you've got the cast of a crummy
reality TV show rather than a cycling Hall of Fame.

Quoted message said:

Tim McNamara said:

Lemond's not my favorite guy, but he's a downright gentleman compared to
Lance.

Let's face it. We (Americans) are not getting the sort of
ambassadorship from either of these former champions that we would
have hoped. Throw in Floyd and you've got the cast of a crummy
reality TV show rather than a cycling Hall of Fame.

Hmmm, I think you're on to something. Let's come up with a name for
the show. Cycotics Abominous?

R

In article <[email hidden]>,

Tom Kunich' cyclintom@yahoo. com said:

"Tim McNamara" <[email hidden]> wrote in message
news:[email hidden]...

Quoted message said:

As far as the stuff with Trek, allegation != proof. Maybe Lemond
did it, maybe he didn't. Maybe he sold the bikes for a boatload of
cash, maybe he gave them to charities. That's gonna make a
difference in how we view his actions.

Lemond's not my favorite guy, but he's a downright gentleman
compared to Lance.

1) The implication that Trek is lying about LeMond is so silly as to
make you look silly.

I did not make that implication, Tom. Once again you are missing the
point. I stated that allegation != proof. Is that so hard for you to
understand?

Quoted message said:

2) When did you meet Lance and/or LeMond in order to make such a
judgment?

I've met Lemond twice (he lives hereabouts) as well as having watched
much of his career like most everyone else interested in bike racing.
In person he's a very nice guy. A little insecure and anxious-seeming
in terms of personality. There are, of course, stories about his
appearing quite self-important and arrogant. Those may be true, it's
just not what I have seen when I have met him.

I've not met Lance and have only his many interviews on TV and in the
media. His personality seems cocky and abrasive to me, and obsessive
and controlling. Those of course are some of the factors that made him
as successful as he was.

Of the two, I'd rather have Lemond over for dinner than Armstrong.

"Tim McNamara" <[email hidden]> wrote in message
news:[email hidden]...

Quoted message said:

Quoted message said:

1) The implication that Trek is lying about LeMond is so silly as to
make you look silly.

I did not make that implication, Tom. Once again you are missing the
point. I stated that allegation != proof. Is that so hard for you to
understand?

Maybe you're missing the point here - Trek isn't prosecuting LeMond. They
are saying that he took a load of bicycles from them as "personal use" bikes
and sold them off cheaply to others thereby cutting out local dealers. They
don't have to "prove" a thing. They're telling you WHY they're dropping
LeMond.

Quoted message said:

Quoted message said:

2) When did you meet Lance and/or LeMond in order to make such a
judgment?

I've met Lemond twice (he lives hereabouts) as well as having watched
much of his career like most everyone else interested in bike racing.
In person he's a very nice guy. A little insecure and anxious-seeming
in terms of personality. There are, of course, stories about his
appearing quite self-important and arrogant. Those may be true, it's
just not what I have seen when I have met him.

I've not met Lance and have only his many interviews on TV and in the
media. His personality seems cocky and abrasive to me, and obsessive
and controlling. Those of course are some of the factors that made him
as successful as he was.

Of the two, I'd rather have Lemond over for dinner than Armstrong.

So you prefer rumors to knowledge. I was under the impression that you lived
in the Bay Area since you post on the ba.bicycles site.

I met Greg briefly but certainly nothing to form any opinions about him.
However, the quotes of him in the press certainly don't make him look
particularly good. I did meet Lance's mom and she was a very nice person.
Usually and apple doesn't fall too far from the tree.

Tim McNamara said:

In article <[email hidden]>,

Tom Kunich' cyclintom@yahoo. com said:

"Tim McNamara" <[email hidden]> wrote in message
news:[email hidden]...

Quoted message said:

Quoted message said:

As far as the stuff with Trek, allegation != proof. Maybe Lemond
did it, maybe he didn't. Maybe he sold the bikes for a boatload of
cash, maybe he gave them to charities. That's gonna make a
difference in how we view his actions.

Quoted message said:

Quoted message said:

Lemond's not my favorite guy, but he's a downright gentleman
compared to Lance.

Quoted message said:

1) The implication that Trek is lying about LeMond is so silly as to
make you look silly.

I did not make that implication, Tom. Once again you are missing the
point. I stated that allegation != proof. Is that so hard for you to
understand?

Quoted message said:

2) When did you meet Lance and/or LeMond in order to make such a
judgment?

I've met Lemond twice (he lives hereabouts) as well as having watched
much of his career like most everyone else interested in bike racing.
In person he's a very nice guy. A little insecure and anxious-seeming
in terms of personality. There are, of course, stories about his
appearing quite self-important and arrogant. Those may be true, it's
just not what I have seen when I have met him.

I've not met Lance and have only his many interviews on TV and in the
media. His personality seems cocky and abrasive to me, and obsessive
and controlling. Those of course are some of the factors that made him
as successful as he was.

Of the two, I'd rather have Lemond over for dinner than Armstrong.

Likewise. Unless...LA promised to bring Kate Hudson along...

Actually, I think Floyd would be more interesting dinner-tainment then
either Greg or Lance.

RicodJour said:

Quoted message said:

On Jun 22, 12:13 am, Tim McNamara <[email hidden]> wrote:

Quoted message said:

Quoted message said:

Lemond's not my favorite guy, but he's a downright gentleman compared to
Lance.

Quoted message said:

Let's face it. We (Americans) are not getting the sort of
ambassadorship from either of these former champions that we would
have hoped. Throw in Floyd and you've got the cast of a crummy
reality TV show rather than a cycling Hall of Fame.

Hmmm, I think you're on to something. Let's come up with a name for
the show. Cycotics Abominous?

R

Perfect name for it. Wait until Versus gets hold of that concept...