Archived posting to the Leica Users Group, 2012/05/10

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Subject: [Leica] Leica Monochrome
From: steve.barbour at gmail.com (Steve Barbour)
Date: Thu, 10 May 2012 21:21:23 -0700
References: <6AE48C6E-BE8A-4418-9273-90F9F693A707@mac.com> <41b8eb846731d6b26353e7c18e43acf7@mail.gmail.com> <C1CC96DF-E23F-421F-8480-C8515726B6E8@mac.com> <E401D807-0D85-40CA-A2FA-BB96ADDA5BBD@frozenlight.eu> <CA+yJO1AmY0tfEMz8NL_p-nJFog5AWUTTVp+-KwYjn9L_zEEQRw@mail.gmail.com> <D9983685-09B5-4C70-A769-C49184D6B9CB@me.com> <CAH1UNJ3eCueFvTqMRwK2nDn2qzBt2JBAy9VcpTkHVPa_kA7idQ@mail.gmail.com> <CAFuU78dbCO=oknvHrMG4jrpOjYuF_e0go+2j3bje9QLRtmYibA@mail.gmail.com> <CAH1UNJ0N3ALAgTZGWkoAw8+ZNGdasvYspF=UXk2y29ZKiFRMSA@mail.gmail.com>

On May 10, 2012, at 9:18 PM, Jayanand Govindaraj wrote:

> They are structured to give as little as possible back to the small
> investor (presumably the suckers who will buy the public flotation at
> inflated prices built on short/medium term profits, which might be
> unsustainable in the long term), and as much as possible to the PE/Majority
> shareholders who unload their shares at that point. So, what I said is
> follow the big boys - buy Leica equity now, sell two/three years hence,
> just before they do! Blackstone has to exit at some point, even if Kaufmann
> does not.
> 
> I just went through the samples on dpreview. There is nothing over ISO 1600
> there, so I could not gauge low light performance compared (roughly) to a
> Fuji X-Pro 1 or a Nikon  D700/D800E, all of which I own and shoot with. I
> could not see anything that a Fuji X-Pro 1 system and Silver Efex 2 cannot
> achieve at a fraction of the price. So what gives? Euphoria apart, what are
> the advantages that a US$8000 B&W camera body bring to the party?
> Seriously, I really do not understand why anyone should buy this beast.
> Anything obvious I am missing?



the only possibility will be the results that may convince, maybe, when and 
if they become available,


Steve



> 
> Cheers
> Jayanand
> 
> On Fri, May 11, 2012 at 9:29 AM, Lew Schwartz <lew1716 at gmail.com> wrote:
> 
>> Jayanand:
>> 
>> I'm not sure this is the case, but aren't such deals structured so as to
>> give as little as possible back to the investors?
>> 
>> On Thu, May 10, 2012 at 11:54 PM, Jayanand Govindaraj <jayanand at 
>> gmail.com
>>> wrote:
>> 
>>> Gerry,
>>> No they have not - I see the Blackstone/Kaufmann combo carefully planning
>>> how to maximize profits for a public flotation in the medium term, to
>>> partially/completely cash out.This whole line up stinks of squeezing
>>> profits out of existing technology, and the Private Equity investment
>>> mantra of 'strip and dump'. The message is uber clear is it not? Leica
>>> using photographers are NOT the target market any more. I bet we in Asia
>>> can get our hands on these new products much easier than all of you can
>> in
>>> Europe and the USA...
>>> 
>>> I think it will be well worthwhile to contemplate an investment in Leica
>>> equity with a 2-3 year horizon than buy their products, I think it will
>> be
>>> far more profitable!
>>> 
>>> Cheers
>>> Jayanand
>>> 
>>> On Fri, May 11, 2012 at 12:44 AM, Gerry Walden <gerry.walden at me.com>
>>> wrote:
>>> 
>>>> Have Laica now totally lost the plot?
>>>> 
>>>> Gerry
>>>> 
>>>> Gerry Walden
>>>> +44 (0)23 8046 3076 or
>>>> +44 (0)797 287 7932
>>>> www.gwpics.com
>>>> 
>>>> On 10 May 2012, at 20:00, Tina Manley wrote:
>>>> 
>>>>> Sounds interesting to me!
>>>> 
>>>> 
>>>> _______________________________________________
>>>> Leica Users Group.
>>>> See http://leica-users.org/mailman/listinfo/lug for more information
>>>> 
>>> 
>>> _______________________________________________
>>> Leica Users Group.
>>> See http://leica-users.org/mailman/listinfo/lug for more information
>>> 
>> 
>> 
>> 
>> --
>> -Lew S.
>> 
>> _______________________________________________
>> Leica Users Group.
>> See http://leica-users.org/mailman/listinfo/lug for more information
>> 
> 
> _______________________________________________
> Leica Users Group.
> See http://leica-users.org/mailman/listinfo/lug for more information



In reply to: Message from zoeica at mac.com (Chris Williams) ([Leica] Leica Monochrome)
Message from jshulman at judgecrater.com (Jim Shulman) ([Leica] Leica Monochrome)
Message from zoeica at mac.com (Chris Williams) ([Leica] Leica Monochrome)
Message from photo at frozenlight.eu (Nathan Wajsman) ([Leica] Leica Monochrome)
Message from images at comporium.net (Tina Manley) ([Leica] Leica Monochrome)
Message from gerry.walden at me.com (Gerry Walden) ([Leica] Leica Monochrome)
Message from jayanand at gmail.com (Jayanand Govindaraj) ([Leica] Leica Monochrome)
Message from lew1716 at gmail.com (Lew Schwartz) ([Leica] Leica Monochrome)
Message from jayanand at gmail.com (Jayanand Govindaraj) ([Leica] Leica Monochrome)