Archived posting to the Leica Users Group, 2000/01/20

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Subject: Re: [Leica] Something BIG is happening
From: Stephen Gandy <leicanikon@earthlink.net>
Date: Thu, 20 Jan 2000 21:21:03 -0800

Cosina seems to have some sort of tie-in with Tokina and Hoya, though I
certainly don't understand it.

it would be funny as hell if Cosina is buying Leica.   That would solve
the entry level M problem.

Stephen Gandy

Bill Erfurth wrote:

> Hi Gang,
>
> Last week I wrote that I had received a piece of
> information (from an un-named reliable source) that
> made me think that something was about to happen at
> Leica.
>
> Well, Leica's stock price is up over 40% in the past
> few days.  The price of the stock in Euros has gone
> from a low 7.10 to close at 10.10 today.  This from a
> company who's stock has generally traded BELOW it's 38
> day average for the past 6 or 7 months.
>
> I do not know for sure what is happening.  I have
> checked sources in Europe and have come up with
> nothing.  But, you don't get a move like that in a
> company's stock for no reason.
>
> If I were to guess, I would say that Leica has been
> bought out by or merged into another company, or a
> change in top management is about to occur.
>
> The other reason for the big jump in the stock price
> could be that someone has figured out a way to get rid
> of that warehouse full of R8s.  Just kidding.
>
> If anyone knows something and wants to share it with
> the group, but doesn't want to post it themselves, you
> can e-mail it to me at m6rf@yahoo.com.  You will be
> identified only as a "reliable un-named source".
>
> Kind regards,
>
> Bill
>
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