Archived posting to the Leica Users Group, 2000/01/27
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]I am aware that the Swiss conglomerate (Schmeidheiny?) allowed the camera division to separate from the mother company & float its own stock but isn't Leica still owned by them? If so then it would be like GM or GE losing money in one department & being supported by the mother company, Only a small part of Leica produces camera equipment - others more profitable are the medical & scientific instrument divisions. I have heard that going puplic with their stock, put $10,000,000 in the Leica coffers & that gimmick was used to sell their "Einstuck M6s" with one share of stock for around $6,500 each. Leicably - Mary Grace Canon & Nikon do the same thing but the difference is that their camera div. produce a profit along with the printers & other scientific stuff. In a message dated 1/27/00 4:21:32 PM Pacific Time, jbcollier@home.com writes: > There has been a great deal of concern expressed on the subject of Leica's > viability. There also have been reports of how well the M line is doing and > that the R line is not performing profitably. The worst scenario that I can > see happening (barring a direct hit on Solms by a stray asteroid) would be > that Leica is purchased by another company and the profitable sections would > keep operating as usual and the unprofitable sections would be wound down or >