Smith & Wesson NRA and NSSF over the issue of smart guns, thousands of retailers and tens of thousands of firearms consumers boycotted Smith & Wesson. CEO Ed Shultz, who negotiated the deal, was forced out in September of that year. By December 2000, the company's stock price was 19 cents per share. Smith & Wesson dropped its smart gun plans after nearly being driven out of business. On May 11, 2001, Saf-T-Hammer Corporation acquired Smith & Wesson Corp. from Tomkins plc for US$15 million, a fraction of the US$112 million originally paid by Tomkins. Saf-T-Hammer assumed US$30 million in debt, bringing the
Smith & Wesson Model 73 more than 20 of these left in private ownership. Smith & Wesson Model 73 The S&W Model 73 was a .38 Special caliber revolver manufactured by Smith & Wesson. The Model 73 was made in only 5000 units in 1973. It was made in C-frame, the only model that featured this frame. It was a J-frame modified to take a 6-shot K-frame cylinder. It was S&W answer to the Colt Detective Special. The revolver was made with an off-set cylinder stop which made them difficult to manufacture and test. As a result, most of these revolvers were destroyed for safety