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Re: [OM] Why Olympus WILL Survive

Subject: Re: [OM] Why Olympus WILL Survive
From: "Piers Hemy" <piers@xxxxxxxx>
Date: Thu, 24 Nov 2011 10:24:49 -0000
Indeed, just as Minolta Camera Co survived? The name lives on (just take a
look at my printer), and the cameras live on, just not one on the other.

Piers

-----Original Message-----
From: Nathan Wajsman [mailto:photo@xxxxxxxxxxxxxx] 
Sent: 23 November 2011 22:05
To: Olympus Camera Discussion
Subject: Re: [OM] Why Olympus WILL Survive

Of course they will survive, but probably not in the current form. They have
a nice medical equipment business, the photo stuff that we care about is
small fry. I cannot imagine Woodford being reinstated. The most likely
outcome is that the company will be broken up.

The technology and know-how will still be there, somewhere.

Nathan Wajsman
Alicante, Spain
http://www.frozenlight.eu
http://www.greatpix.eu
http://www.nathanfoto.com
PICTURE OF THE WEEK: http://www.fotocycle.dk/paws
Blog: http://nathansmusings.wordpress.com/


YNWA



On Nov 23, 2011, at 4:07 PM, Ken Norton wrote:

> The company is bloody profitable!  Think about it, Olympus has hidden 
> potentially billions of dollars in losses and nobody notiiced. Other 
> than for an exec who didn't get the memo about digging into the past, 
> they probably would have gotten away with it indefinitely.
> 
> My guess is that there is a high likelihood of Woodford being reinstated.
> The other boardmembers are probably beyond livid with him, but the 
> stockholders will do the speaking.
> 
> The latest news is that there doesn't appear to be any Yakuza connection.
> My E-1 is a bit bummed about that. He's been going around intimidating 
> the other cameras and shaking them down for money.
> 
> AG
> --
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> 

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