Originally posted by Lord Lucan Interesting, but of course he is a salesman. This got me:-
????
Well of course it is. This is only days after the announcement that something might happen in 6 months time. I have been in companies which have changed hands, and apart from some longer than usual conferences around the coffee machine when it was announced, we have gone back to our desks and carried on with what we were doing : what else can you do? It is no indication of what will happen subsequently.
What matters for the future is what JIP believe in, not what the present Olympus company thinks.
The burning question in my mind is will the new camera making company (currently referred to as "NewCo") be able to use the Olympus name? The interview did not raise this question. I think if they cannot use the Olympus name they are definitely finished.
One thing is certain is that it won't be "business as usual," if by usual it means that Olympus can lose millions of dollars a year and have no one really care. At the same time, what else are they supposed to say?
I was working at a hospital that was part of a hospital system that was for sale. The hospital was in a poor part of the city and didn't really make money, but we were told that things were going to be fine, there were lots of suitors interested in the hospital. Then, every other hospital in the system sold except for that one and they announced that they were shutting it down in 6 months time. It shouldn't have come as a surprise to any of us, but it did because we had all told ourselves that everything was going to be fine in the end, which it wasn't.
I'm sure JIP is telling them that everything is going to be fine, but if everything is the same in the six months you mention, I would be shocked.