Archived posting to the Leica Users Group, 2005/02/22

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Subject: [Leica] Spiegel says...
From: mark at rabinergroup.com (Mark Rabiner)
Date: Tue Feb 22 18:42:17 2005

Interestingly Spiegel (who I thought was a catalog but no) says that Leica
missed the boat on the digital thing but the illustration is of a gleeming
very successful Digilux 2.
The illustration should have been of orphaned M lenses or an MP or M7 with a
red line through it.

Or of the huge lineup of digicams with little Leica lettering on the lens
but with an a larger "Panasonic", not "Leica" on the top mainframe.

>From the new Goggle translation engine here's the funny but say translation:

The steeped in tradition camera manufacturer will presumably lock the
financial year 2004/05 on 31 March with an operational loss of ten million
euro. Together with a loss brought forward from previous account of 1.6
million euro from the previous year the capital of the Leica Camera AG
thereby sinks below the threshold of 50 per cent of the capital stock. With
the loss of half of the capital stock the law on limited companies
prescribes compellingly the summoning of a general meeting, on which the
executive committee must present counter measures.




Mark Rabiner
Photography
Portland Oregon
http://rabinergroup.com/





Replies: Reply from bladman99 at yahoo.ca (Dan C) ([Leica] Spiegel says...)
Reply from jshul at comcast.net (Jim Shulman) ([Leica] Spiegel says...)