Reduced profits : actual < analysts' expectations = share price decline
Reduced losses : actual < analysts' expectations = share price rise
----- Original Message -----
From: "Walt Wayman" <hiwayman@xxxxxxx>
To: <olympus@xxxxxxxxxx>
Sent: Tuesday, 02 August, 2005 12:41 PM
Subject: [OM] Re: Olympus Business
> But the bottom line is, the company's still making a profit. Reduced
profits beat the hell out of reduced losses.
>
> Walt
>
> --
> "Anything more than 500 yards from
> the car just isn't photogenic." --
> Edward Weston
>
> -------------- Original message ----------------------
> From: Winsor Crosby <wincros@xxxxxxxxxxx>
> > Olympus profit falls 62%
> >
> > 
> > Olympus has reported a 62% drop in profits in the first quarter
> > compared to the same period last year, reports the PMA daily news. In
> > the period April-June 2004, the Japanese company made a net profit of
> > ¥1.06 billion ($9.5 m) compared to ¥403 million ($3.6 m) in the
> > fiscal first quarter of this year. Despite disappointing figures the
> > company still hopes to make a net profit of ¥23 billion ($206 m) in
> > the year to March following its first ever consolidated net loss of
> > ¥11.8 billion ($105 m) in 2004-2005. (09:40 GMT)
> >
> > Hope there is lots of profitable product in the pipeline.
> >
> >
> > Winsor
> > Long Beach, California, USA
> >
> >
> >
> >
> >
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