Archived posting to the Leica Users Group, 2005/06/03
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Uh, unfortunately Michael, Hermes may be the only thing keeping Leica afloat. "Good riddance to bad rubbish" may mean farewell to Leica. On 6/3/05 8:42 PM, "Michael J Herring" <creativevisions@verizon.net> wrote: > Regarding Hermes selling out - > Good riddance to bad rubbish !!! (A LA CARTE, etc) > > Mike > ----- Original Message ----- > From: "Frank Filippone" <red735i@earthlink.net> > To: "Leica Users Group" <lug@leica-users.org> > Sent: Thursday, June 02, 2005 1:54 PM > Subject: RE: [Leica] Too much inventory > > >> You are correct regardless of the % of the sales in any one currency. >> >> I agree with you even more strongly in the selling the company. In this >> particular case, the authorization to sell off more new stock is > basically >> asking for someone to preserve the company and to capitalize the > company. >> I >> bet Hermes will bail as soon as it is possible..... >> >> Frank Filippone >> red735i@earthlink.net >> >> Hi Frank: >> >> assuming the major market is in $ (independent how accounting works): >> >> - costs in Euro >> - revenue in $ >> - $ sinks vs Euro >> -> prices must go up to make profit. Assuming the market takes it. >> >> The $ sank drastically vs the Euro H2/2004 >> >> I think it is possible that Leica is trying to cut costs and _then_ >> sell the company. Reducing inventory is a popular way of doing >> so (and become more flexible). >> >> Regards, >> >> Roland. >> >> >> >> _______________________________________________ >> Leica Users Group. >> See http://leica-users.org/mailman/listinfo/lug for more information >> > > > -- > I am using the free version of SPAMfighter for private users. > It has removed 371 spam emails to date. > Paying users do not have this message in their emails. > Try www.SPAMfighter.com for free now! > > > > _______________________________________________ > Leica Users Group. > See http://leica-users.org/mailman/listinfo/lug for more information