Archived posting to the Leica Users Group, 1999/11/12

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Subject: Re: [Leica] Re: Hexar RF...Good News...Bad News
From: Pitak Chenkosol <pitakc@ee.pdx.edu>
Date: Fri, 12 Nov 1999 01:14:33 -0800 (PST)

Thanks Jeff. That was definitely a good news. Combining this with info.
from another post regarding Herr Cohn's comment on new M cameras I must
say that the coming years will be very interesting for Leica indeed.
I cannot wait to see them turn profit.

Keep it up Leica, I am right behind you. Now that you got some goodies
in the work how about some more advertisements. Show the world what your
stuffs are capable of and let the consumers be the judges. Let it be known
that your silence does not mean that you are hybernating but being hard
at work in creating, improving, and bringing us the best that only you can 
offer. Show us some results that were taken using your gears and make
side by side comparisons with results from your competitors.

Would that be too much to ask ?

Regards,

PitakC




> 
> Some of the associated news may be of interest too:
> 
> Use this:
> 
> http://babelfish.altavista.com
> 
> To translate the articles listed here:
> 
> http://de.biz.yahoo.com/n/l/lca.f.html
> 
> Here's an excerpt from one of the articles, translated by
> Babelfish--it's sorta rough, but bear with me:
> 
> Solms (vwd) - the Leica Camera group, Solms, reduced in the second
> quarter of the financial year 1999/2000 (31 March) the working loss to
> minus 0,2 millions from
> minus 2,0 millions in the previous year. As the enterprise indicated on
> Thursday, at the same time the expenditure for research and development
> rose by 28 per cent on
> 4,6 million THAT. In the months July until Septembers was gained in
> relation to the previous year an unchanged conversion of 65,2 millions,
> it was said. For that
> seasonally turnover-stronger second half-year causes by new products
> growth impulses is among other things expected.
> 
> So, losses are down, they're increasing R&D and, as other articles
> indicate, debt is down: I'd say this is cause for cautious optimism and
> maybe there's an investment opportunity here as well--I'd rather put my
> money with Leica than Amazon.com: At least one of them might actually
> turn a profit sometime soon!
> -- 
> Jeff Segawa
> Boulder, Colorado
> www.boulder.net/~4season
> 
> 
> Pitak Chenkosol wrote:
> > 
> > Thank you Nathan. The following info. is from the Yahoo page.
> > 
> >                         1995    1996    1997    1998(*)         1999(*)
> > 
> > Earning/share(DM)       1.60    1.54    none    -1.00           -0.25
> > Dividend/share(DM)      --      1.00    0.00    0.00            0.00
> > Stock price/share(DM)
> >         Year end                47.6    30.5    15.25           --
> >         Year high               52.7    54.0    33.2            --
> >         Year low                47.1    39.0    14.9            --
> > Market value(millions DM)       142.8   137.3   68.6            --
> > Number of employees             1441    1550    1615            --
> > 
> > Note : (*) means estimated values.
> > -----
> > 
> > The performance of the year 1999 is probably too early to be included.
> > The projection, however, indicates another negative earning. I wonder
> > how the shareholders take it. The earning per share dropped three years
> > in a row since 1996. Thank God they stopped giving the dividend after 1996.
> > Leica's shareholders must really have faith and/or very royal to the company.
> > What happened in 1997-1998 year period ? The company market value dropped
> > in half.
> 


- -- 
Pitak Chenkosol, Dept. Electrical Eng.,|  " I was born not knowing and have
Portland State University,             |    only had a little time to change
P.O. Box 751, Portland, OR 97207-0751. |    that here and there." 
E-mail: pitakc@ee.pdx.edu              |                Richard P. Feynman