Archived posting to the Leica Users Group, 1999/09/27

[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]

Subject: RE: [Leica] I am very concerned.
From: "Clompus, Dr. Richard [INN]" <RCLOMPUS@INNUS.JNJ.com>
Date: Mon, 27 Sep 1999 10:11:50 -0400

Bill,

My short take on the low stock price of Leica makes it much easier for a
rival company to but them out in a hostile take over.  Can you imagine if
Nikon or Canon bought Leica?  It could happen.

Richard Clompus, OD 

		From: Bill Erfurth [mailto:m6rf@yahoo.com]
		Sent: Sunday, September 26, 1999 11:07 PM
		To: leica-users@mejac.palo-alto.ca.us
		Subject: [Leica] I am very concerned.

		I have been quite busy and have not been following
		Leica stock like I usually do.  Today I had a chance
		to take a look at it, and the picture is not good.

		As I recall, a couple months ago Leica was at about 13
		or 15 Euros, now it is a 8 and some change.  What this
		means is that Leica stock has lost, at least, one
		third of it's value in the past couple months.  And,
		it was down last week again over 11%.  That is not
		good.  Imagine your house loosing 30% to 40% of it's
		value in a couple months.

		You can look at the data yourself at:
	
http://profiles.wisi.com/profiles/scripts/cos01.asp?cusip=C28084720