Archived posting to the Leica Users Group, 1999/02/18

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Subject: Re: [Leica] Leica's Stock Price info on the Net
From: Nathan Wajsman <nathan.wajsman@euronet.be>
Date: Thu, 18 Feb 1999 23:37:45 +0100

Dominique,

The whole trick about investing in the market is to "buy low, sell high". So if
Leica is trading near its all-time low, I will seriously consider buying.

Nathan

Dominique PELLISSIER wrote:

> I saw the data and this is really terrible. Highest price : 16.87 ; lowest
> price :6.46. Price of the day : 7.10. What a drop !
> I don't know the number of shares in order to estimate the market value of
> Leica Camera.Maybe could I buy the company for peanuts ?
> Seriously, as the present price of a share reflects the sum of the
> discounted dividends in the future, the market, if efficient, is presently
> rather pessimistic on the future of Leica.
>
> Dominique Pellissier



- --
Nathan Wajsman
Overijse, Belgium

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