Is your Olympus worth what it was after this scandal

Started Nov 8, 2011 | Discussions thread
Regular MemberPosts: 236Gear list
Re: Is your Olympus worth what it was after this scandal
In reply to Richard Briscoe, Nov 8, 2011

With the size and scope (going back over 20yrs) of these financial irregularities, and the potential for criminal proceedings against current and former board members/executives, the liklihood of any organisation wanting/being able to take over the assets of this company is highly unlikely. The ability of the company to trade its way out of these difficulties is further hampered by the involvement of so many senior management figures over such a long period, and their admission that these illegal activities have taken place. Sadly I feel that there is likely to be more bad news to come as the story unfolds over the coming weeks and months.

Maybe high end Olympus products will command a premium in s/h markets if the company ceases manufacture of camera equipment . . . . still a very sad time for Olympus owners.

 bishopsmead100's gear list:bishopsmead100's gear list
Kodak EasyShare P880 Kodak DCS Pro SLR/n Nikon D40X Nikon D70 Nikon D100 +3 more
Reply   Reply with quote   Complain
Post (hide subjects)Posted by
(unknown member)
Keyboard shortcuts:
FForum PPrevious NNext WNext unread UUpvote SSubscribe RReply QQuote BBookmark post MMy threads
Color scheme? Blue / Yellow