John Francis wrote:
Peter J. Alling mused:While this may be true, the sad fact is that whoever buys the name will most likely dishonor the memory
Bob W wrote:
In fact that would probably be the worst thing that could happen. If Leica is going to die, it should be allowed to go in peace.Hi,
Tuesday, February 22, 2005, 8:13:22 PM, Jens wrote:
Intersting - and sad. By March 2005 they will have lost half of their share capital!
A turnaround plan will be presented for the stockholders in May.
If they live this long!
At worst someone will buy the company for the name.
The very fact that you feel that way indicates that the name (in and of itself) has value, and therefore it *will* be sold, if necessary. To do anything else would be a breach of fiduciary responsibility to the shareholders on the part of the board.
of the original Leica organization. I feel this way not because I'm a leicaphile but from family history. My Great Grandfather
and his brothers started a partnership that sold the highest quality goods for almost 50 years, after the last brother died the name
and assets were sold off. The new owners sucked all the value out of the company and name that they could, in the end the name
was worth nothing and even the store locations, (there were 6), stayed vacant for years afterword. I have seen the same thing
happening with other companies as well. It's tragic really.
Perhaps a group of Leicaphiles could group together to buy the name ...
--
I can understand why mankind hasn't given up war. During a war you get to drive tanks through the sides of buildings and shoot foreigners - two things that are usually frowned on during peacetime.
--P.J. O'Rourke
