[Leica] A look back

[nathan.wajsman at planet.nl (Nathan Wajsman)]

Douglas,

I think in the scheme of things Leica's travails are small beer right 
now. There are so many other big stories in the German economy right 
now: the Hartz reforms, the rise in unemployment in January and 
February, the attempts by Deutsche B?rse to take over the LSE etc. In 
all this, the story of financial problems at what is essentially an SME 
in Hessen is not that big a deal. To us it is, but to the average 
newspaper reader those other stories are much more important.

Nathan

Douglas Sharp wrote:

> You are dead right Bob,
> Leica has only so far complied with the laws governing share issuing
> companies in Germany. The only other report was on the credit lines being
> "shortened". For some unknown reason there have been no market analyses, 
> speculations  or comments on the future of Leica in the German financial 
> press.
> Usually if a well known company over here is in difficulties there is 
> broad coverage in both newspapers and TV. The fate and future of Rollei, 
> for example, was well covered in the media.
> Either nobody cares or it's not as bad as it seems.
> Douglas
> 
> Thinkofcole@aol.com wrote:
> 
>> Ancient history at Leica:  
>> _http://www.businessweek.com/archives/1996/b3495182.arc.htm_ 
>> (http://www.businessweek.com/archives/1996/b3495182.arc.htm)  
>>  
>> "Victory has a hundred fathers but defeat is an  orphan."
>>  
>>  {I can't find a single mention anywhere of Leica's financial  
>> difficulties, except brief German-language reports and even those 
>> reports  contain almost nothing more than summaries of Leica's own  
>> announcements.}
>>  
>>  
>> regards, bob cole
>>  
>> _______________________________________________
>> Leica Users Group.
>> See http://leica-users.org/mailman/listinfo/lug for more information
>>
>>
> _______________________________________________
> Leica Users Group.
> See http://leica-users.org/mailman/listinfo/lug for more information
> 
> 

-- 
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