Cannondale

[Dino Sore]

Rumors circulating that Cannondale missed its payroll on Friday and sent workers home. Heard it at the LBS, as well as lots of activity on the Yahoo message board.

Anyone know what's going on?

http://www.bedfordgazette.com/news/

[turch]

Heard it too. It's all over sites like bikeretailer.com and a bunch of fincance sites. Looks like the moto gig is certainly up and they're exploring options including ch.11 reorg No filing with SEC yet) and sell off (heard TREK, Lightspeed, among others). Got to give them a chance to sort things out.