Archived posting to the Leica Users Group, 2000/08/05

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Subject: Re: [Leica] News of their death greatly exaggerated
Date: Sat, 5 Aug 2000 12:59:54 EDT

In a message dated 8/5/00 12:37:38 PM Eastern Daylight Time, writes:

<< Frankfurt, 28 July (Reuters) - the steeped in tradition camera
 manufacturer Leica from Solms obtained gains after the losses in
 the passed years 1999/2000 again and brought according to own
 specification the heaviest part of the company change behind itself. >>

In fact, this result may well not have come about had not Leitz sold the 
business and  left the camera scene.  In that sense, Mr. Schwalberg indeed 
looks to have had it right.  Leitz management probably was hopelessly out of 
touch and behind the curve.

Joe Sobel