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[OM] What Is Olympus Corp Doing?

Subject: [OM] What Is Olympus Corp Doing?
From: dolphans1@xxxxxxx
Date: Fri, 10 Jan 2003 04:36:47 +0000
Thanks John and Piers Hemy,

As for what Alan wrote: "You are being just plain silly. The konica/minolta 
merger has nothing to do with cameras. It is because of office equipment 
(copiers and such).

Alan

------------------------------------------------------------------------------
Ok, I see......:)

Interesting facts provided......

1)-Konica, the world's No.3 camera film maker, 
2)- and Minolta, a leading maker of single-lens reflex cameras, have a combined 
400 billion in debt and are suffering from a weak balance sheet amid a slowdown 
in sales and rising competition. 

3)-The merger will create Japan's fourth-biggest precision instruments maker. 
It lags behind Canon (CAJ) (7751), Japan's biggest office equipment maker, as 
well as Ricoh (7752) and Fuji Photo Film (FUJIY) (4901).

________________________________________________________________________________

Samuel Morales......





Tamura said the new company, Konica Minolta Holdings, would have to 
develop "cutting-edge and value-added" products in order to join the league of 
the world's top precision instruments makers. 






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