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I would not avoid them strictly because they are in bankruptcy, but I don't really find any of their products appealing. I generally don't buy their ammo.
I needed an inexpensive hunting shotgun about 15 years ago, and was shocked at how poor the quality was on the 870. The furniture did not match up with the body, terrible finish, checkering that was crudely stamped. I ended up with a Beretta Nova, very happy with it.
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