Archived posting to the Leica Users Group, 1998/05/12

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Subject: Re: [Leica]stay in style
From: Jeff Alford <alford@batnet.com>
Date: Tue, 12 May 1998 19:17:08 -0700

JEFF,

The Leica stock is traded on the German stock exchange. I am not so sure of its
merits as an investment. Not only is what the company is doing have bearing on
the stock preformance but the US$ can also affect performance.

Jeff Alford

Jeff S wrote:

> Out of curiousity, does anyone know how to purchase Leica Camera stock in
> the US of A, does this get a person financial reports in English, and (heh)
> how has it been as an investment--worth the extra hassles at tax time?
>
> I suspect that, in the US at least, more of us are coming home with new
> Leica gear for the first time ever, what with lowered prices and appealing
> product lineup. Better brand recognition would probably help move more Minis
> and other high-margin items. One start would be to introduce The Wonders of
> Leica to new audiences. This comes at the expense of some exclusivity, of
> course. In a world filled with inexpensive electronic cameras, there is room
> for mechanical excellence, too, whether the camera be battery- or
> spring-powered; now to tell the world it exists, and that it's worth every
> penny :-)
>
> Jeff
>
> -----Original Message-----
> From: adrian bradshaw <abpeking@public.bta.net.cn>
> To: leica-users@mejac.palo-alto.ca.us <leica-users@mejac.palo-alto.ca.us>
> Date: Monday, May 11, 1998 6:26 PM
> Subject: Re: [Leica]stay in style
>
> >Jeff wrote-
> >
> >> Being appropriate and relevant never
> >>goes out of style!
> >>
> >Lets hope they don't go out of business though! Leica does not have very
> >large resources by the standards of its competitors and cannot afford to
> >flirt with bankruptcy again IMHO.
> >
> >>The great Canon and Nikon Corporations which built today's wonder-SLRs
> >>probably did so by making lots of money selling far less illustrious gear.
> >I
> >>doubt that the top models are very profitable (if at all) in themselves,
> >
> >Quite! Leica tried to copy this approach with its point and shoots (copied
> >from Japanese designs) but has not been making much money from this.
> >
> >>But, why worry about things beyond your control? Take your Leica out and
> >>have some fun with it, 'cause whatever happens, happens!
> >>
> >Good plan - I guess I just thought LUG might be a place where we could
> >thrash out a few ideas and in some small way influence the way Leica goes.
> I
> >wonder though how representative of the typical Leica owners we are as a
> >group? In any case the majority are silent so we just can't tell...
> >
> >Adrian
> >
> >