Re: This is not good-Layoffs at X-Rite
Re: This is not good-Layoffs at X-Rite
- Subject: Re: This is not good-Layoffs at X-Rite
- From: "edmund ronald" <email@hidden>
- Date: Thu, 17 Apr 2008 00:32:09 +0200
They laid of Michael Lanke in Regensdorf he was the guy in charge of
developing the ColrMunki. I guess someone who likes the design might
hire him -
My impression is Xrite have a large debt, due to their M&A activities,
and servicing this debt is eating a good part of their cash flow.
On the one hand Xrite have made it to Motley Fool's list of deathbed stocks:
http://www.fool.com/investing/small-cap/2008/04/09/5-deathbed-stocks.aspx
On the other hand, Hubble and ColorMunki look like good new solid
products which should sell well.
Let's see what happens - maybe someone will inject some cash or buy
this company - if it goes under I can't really imagine a scenario
where Barbieri and Datacolor rule the world ...
Edmund
On Thu, Apr 17, 2008 at 12:16 AM, Dana Rasmussen <email@hidden> wrote:
> http://printceoblog.com/2008/04/layoffs-at-x-rite
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