Archived posting to the Leica Users Group, 1996/09/19

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To: leica-users <leica-users@mejac.palo-alto.ca.us>
Subject: Leica IPO
From: ATANOVIC <ATANOVIC@genre.com>
Date: 20 Sep 96 10:49:24

Looks like it went very well.  The shares climbed 13% in their first day of 
trading.  The initial sale price was 47 DM, but jumped immediately to 53 DM as 
trading began.  The close was 53.4 DM.  I expect most individual investors were 
able to get in around 53 DM.  72.5% of Leica is now in the hands of the 
public.  A further 450,000 shares may be sold bye the end of October if demard 
warrants it.

Adrian Tanovic
Tokyo