Archived posting to the Leica Users Group, 1996/07/16
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]"Initial Public Offering", a termed used on Wall Street and in the brokerage houses referring to privately owned companies going public with a stock sale for the first time. Every couple of years there is a hot market for IPO's and this is one of the hottest in stock market history. Most companies with the product or management to take an issue public make a large amount of money doing an IPO and really do not have to generate any sales or profits in order to reap millions to the original owners of the corporation. If Leica is going public in this manner, I would think it is for fresh capital to finance an expansion or to maintain their very existence in the amatuer/professional camera market. Additionally, this action would buy-in a good number of old and new customers to their product line. Hope I have helped ! Clyde