Archived posting to the Leica Users Group, 1999/11/12

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Subject: Re: [Leica] Re: Hexar RF...Good News...Bad News
From: 4season <4season@boulder.net>
Date: Fri, 12 Nov 1999 01:29:42 -0700

Some of the associated news may be of interest too:

Use this:

http://babelfish.altavista.com

To translate the articles listed here:

http://de.biz.yahoo.com/n/l/lca.f.html

Here's an excerpt from one of the articles, translated by
Babelfish--it's sorta rough, but bear with me:

Solms (vwd) - the Leica Camera group, Solms, reduced in the second
quarter of the financial year 1999/2000 (31 March) the working loss to
minus 0,2 millions from
minus 2,0 millions in the previous year. As the enterprise indicated on
Thursday, at the same time the expenditure for research and development
rose by 28 per cent on
4,6 million THAT. In the months July until Septembers was gained in
relation to the previous year an unchanged conversion of 65,2 millions,
it was said. For that
seasonally turnover-stronger second half-year causes by new products
growth impulses is among other things expected.

So, losses are down, they're increasing R&D and, as other articles
indicate, debt is down: I'd say this is cause for cautious optimism and
maybe there's an investment opportunity here as well--I'd rather put my
money with Leica than Amazon.com: At least one of them might actually
turn a profit sometime soon!
- -- 
Jeff Segawa
Boulder, Colorado
www.boulder.net/~4season


Pitak Chenkosol wrote:
> 
> Thank you Nathan. The following info. is from the Yahoo page.
> 
>                         1995    1996    1997    1998(*)         1999(*)
> 
> Earning/share(DM)       1.60    1.54    none    -1.00           -0.25
> Dividend/share(DM)      --      1.00    0.00    0.00            0.00
> Stock price/share(DM)
>         Year end                47.6    30.5    15.25           --
>         Year high               52.7    54.0    33.2            --
>         Year low                47.1    39.0    14.9            --
> Market value(millions DM)       142.8   137.3   68.6            --
> Number of employees             1441    1550    1615            --
> 
> Note : (*) means estimated values.
> -----
> 
> The performance of the year 1999 is probably too early to be included.
> The projection, however, indicates another negative earning. I wonder
> how the shareholders take it. The earning per share dropped three years
> in a row since 1996. Thank God they stopped giving the dividend after 1996.
> Leica's shareholders must really have faith and/or very royal to the company.
> What happened in 1997-1998 year period ? The company market value dropped
> in half.