Experienced entrepreneur Charles Damon spent "lifting" of 1987-1994 in commercial aircraft interior products industry. Damon Company, STT Aerospace, using the industry downturn in the early 1990s, buying when asset prices were low. The success of the strategy has been confirmed by the company's growth and success in the market. However, the company was faced with its own set of challenges as the industry downturn continues. Critical decisions to be made at the end of the case include: 1) Whether or not the STT should continue its acquisition strategy in the face of declining profits, and 2) If the company should drop the price of the options packages, most of the employees compensation.;, 3) If they need to invest in high-tech product breakthrough "Hide
by Richard G. Hamermesh, Jeremy B. Dunn Source: Harvard Business School 20 pages. Publication Date: December 14, 1998. Prod. #: 399056-PDF-ENG
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