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Re: [OM] Olympus and its auditors

Subject: Re: [OM] Olympus and its auditors
From: Ken Norton <ken@xxxxxxxxxxx>
Date: Tue, 20 Dec 2011 09:14:49 -0600
Not sure which one you are referring to, but here is a brief summary
of what is going on.

1. "Rotten" Those are the auditors' words, not mine.
2. The government may do a headquarters raid this week.
3. Olympus may issue more stock to raise cash.
4. Stock prices are up this morning.
5. Olympus may do a capital merge (read between the lines there) with
another company.
6. Shareholders meeting is being planned by April.
7. Analysts have identified the imaging division as a massive loser
and consider it dead from an investment perspective.
8. Sherlock Woodford is trying to finangle a takeover.
9. Woodford looks a lot like RIM's co-CEO Jim Balsillie. No known
connection, but RIM is also in desparate trouble.
10. Olympus made the deadline for the restatement of financials. Just
barely squeeking in before delisting.

AG
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