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Re: [OM] Do financial statements mislead?

Subject: Re: [OM] Do financial statements mislead?
From: Chris Trask <christrask@xxxxxxxxxxxxx>
Date: Thu, 28 Mar 2013 20:20:31 -0700 (GMT-07:00)
>
>I have a hard time believing that with the immense success of the
>OM-D, that Canon's imaging division sold 13x as much as Olympus'
>imaging division. And Olympus financials are basically showing the
>imaging division flat or down. I was expecting to see the Phoenix
>arise from the dead.
>
>North America sales are less than half that of Europe. It appears that
>only thing Olympus America is selling are endoscopes.
>

     Mislead?  More like defraud.  I watched numerous small startup businesses 
teeter in the brink of disaster while at the same time making themselves sound 
wonderful on paper right up to where the doors closed for the last time.


Chris
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