[Leica] Re: The "demise" of xyz camera

[bdcolen at earthlink.net (B. D. Colen)]

But the discussion is about cameras - not about copiers Bob. The fact
that Kyocera is doing well overall has nothing to do with the discussion
of the "demise" of the camera business. Or am I missing something here
and is Kyocera planning to indefinitely carry it's "Contax" cameras
because it feels such emotional attachment to the German brand?

-----Original Message-----
From: lug-bounces+bdcolen=earthlink.net@leica-users.org
[mailto:lug-bounces+bdcolen=earthlink.net@leica-users.org] On Behalf Of
Thinkofcole@aol.com
Sent: Monday, May 10, 2004 3:17 PM
To: lug@leica-users.org
Subject: [Leica] Re: The "demise" of xyz camera


    Lately I have seen comments on the Leica sites of the "demise" of
Contax 
and  Kyocera, with no evidence that this "demise" talk is accurate. 
    I have no interest in these companies but in the interest of
accuracy I 
checked the latest annual financial report of Kyocera, the parent
company, and 
find that Kyocera has several businesses, only one of which is
photography. 
The report notes that while Kyocera's sales of traditional cameras are
down and 
expenses on its digital cameras are up and both circumstances have
resulted in 
a decline in the photography part of Kyocera's business, the overall
profits 
of Kyocera are stronger than the year before. 
   Moreover, Kyocera's shares are traded in the United States as
so-called 
ADR's {american depositary receipts} and are currently regarded as a
"hold," 
meaning that advisers who follow the stock for investors suggest that
anyone who 
owns Kyocera shares should just continue to hold them [ rather than sell
them 
or buy more].
  As far as I'm concerned, until I see authoritative evidence to the 
contrary, Kyocera, Contax and Yashica, another Kyocera product, seem to
be as strong 
as ever.--bob cole _______________________________________________
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