Archived posting to the Leica Users Group, 1999/10/09

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Subject: Re: [Leica] Hexar RF/M7
From: "Anthony Atkielski" <anthony@atkielski.com>
Date: Sun, 10 Oct 1999 03:50:33 +0200

From: B. D. Colen <bdcolen@earthlink.net>
Sent: Saturday, October 09, 1999 19:24
Subject: RE: [Leica] Hexar RF/M7


> Unfortunately, Anthony, your view of what a company needs
> to do to survive is only valid if the company is privately
> held, and held by owners whose definition of profit is modest.

Yes.  That's one of the problems with publicly-held companies.

> If, like Leica, a company is publicly held, it exists not
> to produce a top-of-the-line product, but to make money for
> the stockholders - and if the stock holders don't like the
> profit picture, they bail.

Yes.  This is why going public can be the beginning of the end for such
companies.

  -- Anthony