Archived posting to the Leica Users Group, 2005/06/01
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]> They got new money (23'000'000 Euros) but still have no new plan or > strategy. No, they did not. While the formal decision about capital reduction and re-capitalization has been approved, this does not mean that the capital needed for the turnaround has been found. Patrick Thomas of Hermes said in an inteview after the shareholders meeting that Hermes would not participate in the recapitalization without a clear-cut and detailed strategy. "We do not yet know, we shall have to think it over". Andreas Kaufmann of ACM, the second largest shareholder declared that "what we heard today is only the first part of a strategy. While he believes that Dr. Spichtig can deliver, we want to see more details about the future strategy". Source: Reuters (German only, my translation) : http://www.reuters.de/newsPackageArticle.jhtml?type=companiesNews&storyI D=741804§ion=news > -----Original Message----- > From: lug-bounces+pwerner=bluewin.ch@leica-users.org [mailto:lug- > bounces+pwerner=bluewin.ch@leica-users.org] On Behalf Of Didier Ludwig > Sent: Wednesday, June 01, 2005 16:13 > To: Leica Users Group > Subject: Re: [Leica] GOOD NEWS FROM LEICA > > > >Do any of the fanboys want to explain to the more skeptical amongst us > what > >in all of yesterday's releases and PR blather suggest that the company is > >taking a new tack that will give it a better chance to survive? Where's > the > >real news? > > > If you consider this as real: > They got new money (23'000'000 Euros) but still have no new plan or > strategy. > Didier