Archived posting to the Leica Users Group, 2005/06/03
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Let's hope a private investor comes to the rescue. Schneider was in deep financial trouble in the 1980s and has made a great comeback. Mike ----- Original Message ----- From: "B. D. Colen" <bdcolen@comcast.net> To: "Leica Users Group" <lug@leica-users.org> Sent: Friday, June 03, 2005 8:46 PM Subject: Re: [Leica] Too much inventory > 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 > > > > _______________________________________________ > 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!