[Atlas Sneezed]

Zilkha also said Colt is in the final stages of acquiring Ultra-Light Arms (ULA), a small manufacturer of custom rifles in West Virginia. ULA produced 102 custom-grade hunting rifles in 1996, the latest year for which BATF figures are available. ULA's main claim to fame is a light-weight rifle, less than 6 pounds with a scope. ULA rifles retail for $2,000 to $2,500. Zilkha said he plans to make a "production version" of the ULA rifle in the $700 to $800 retail range at the Saco facility for sale through the Colt dealer base.

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The ULA folks are nice guys with impressive products.

[45Auto]

I don't know what the current status of Colt is; I don't think Mr. Sliwa is with the company any longer; I see he is associated with an outfit that makes small-scale robotic airplanes. I also don't see the so-called "smart gun" technology anywhere on the horizon, although a lot of hype has come down the road about that nonsense over the last 5 years.