Archived posting to the Leica Users Group, 2005/06/06
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]<<The alleged infusion of capital is to come from the sale of stock...Makes sense - after having your stock price drop through the floor, have your survival depend upon selling $25 million worth of new stock - but first raise your prices so that investors can see they are buying into a company that thinks it can stay afloat by selling rangefinder film cameras essentially unchanged since 1954 for $3200 a pop! Good sound business model.>> ========= At the estimated price of 1.70 Euros per share of the new stock, I'll buy a share just to get the certificate to hang on the wall. It will have a place of honor next to my share of Enron stock, Global Crossing stock and the deed entitling me to one square foot of the moon's surface. Now if there were only 25 million Leica fans like me, the company might have a chance. Larry Z