Archived posting to the Leica Users Group, 1998/11/29

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Subject: Re: [Leica] Re: Leica as a business
Date: Sun, 29 Nov 1998 13:00:27 EST

<< They do project they will break even for the entire year, >>

of course, breaking even is not going to be satisfactory with the owners
(shareholders) of the company.  They have not invested their money in Leica
out of the goodness of their hearts.  Over the last three years,  investors in
the western stock markets have been making very fine returns on their
investments.  Essentially, breaking even means that the shareholders have
missed out on making a lot of money in other potential investments.  No wonder
they put in a new Chairman who is financially oriented.

Of course, some whiners will complaint that Leica should have a commitment to
the true photographers of the world instead of to their shareholders.  Not

It is very similar to the issue regarding newspapers.  If they don't make it
financially, they don't make it.  

Tom Shea