Archived posting to the Leica Users Group, 2005/04/15

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Subject: [Leica] Coenen to step down
From: gregj.lorenzo at shaw.ca (GREG LORENZO)
Date: Fri Apr 15 13:35:58 2005

No confusion. Coenen is gone too.

I mentioned on the list back in January when he was appointed that I found 
his formal training/skill mix at odds with what Leica was trying to do.

In the oil business you appoint a geologist if you want your company to 
grow, an engineer if you want to increase production from developed lands 
(i.e. milk the cow) and a lawyer or accountant if you wish to attract 
investors or sell the company outright.  

Regards,

Greg

----- Original Message -----
From: Douglas Sharp <douglas.sharp@gmx.de>
Date: Friday, April 15, 2005 11:06 am
Subject: Re: [Leica] Coenen to step down

> Leica shares were down below 3.00 euros again ,but there is no 
> news on any 
> German trade or business/investor/management site I can find which 
> corroborate 
> this report. Are they possibly confusing Cohn and Coenen? I 
> believe the deadline 
> for Cohn to emptyhis desk was sometime around now.
> cheers from sunny Gewrmany
> Douglas
> 
> Peter Klein wrote:
> 
> > http://www.nytimes.com/aponline/business/AP-Germany-Leica.html?
> > 
> > Odd.  It's not like he's been there long enough to be 
> responsible for the
> > financial mess.  Why fire him?  They already fired Cohn.
> > 
> > But of course, the stock market lemmings see "positive 
> movement," so up
> > goes the stock.
> > 
> > --Peter
> >  
> > _______________________________________________
> > Leica Users Group.
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> > 
> > 
> 
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