Archived posting to the Leica Users Group, 2006/09/14

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Subject: [Leica] Hermes sell his Leica participation
From: leicaluvr at comcast.net (Tom Schofield)
Date: Thu Sep 14 17:04:39 2006
References: <45066CAE0007748C@ctsmtpout3.frontal.correo> (added by postmaster@telefonica.net)
 
Not contradictory at all -- they wanted to wait until share prices go  
up with the new product introductions.  Sell high or something like  
that.

Tom


On Sep 14, 2006, at 4:19 PM, Luis Ripoll wrote:

> Just read: Hermes is selling today his participation on Leica to the
> Austrian Group ACM, the reason is the bad profits of Leica, the same
> information says that Hermes should have a profit of 15 Millions of  
> Euro
> with transaction.
>
> It seems contradictory, just today with the announcement of the M8  
> etc..., I
> don't understand
>
> Saludos desde Barcelona
> Luis
>
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In reply to: Message from luisripoll at telefonica.net (Luis Ripoll) ([Leica] Hermes sell his Leica participation)