Site Sponsors
Page 1 of 2 1 2 LastLast
Results 1 to 50 of 79

Thread: Franke & Heidecke file for insolvency

  1. #1
    TimF
    Guest

    Unhappy Franke & Heidecke file for insolvency

    I just saw this terrible news on Luminous Landscape.

  2. #2
    Senior Member
    Join Date
    Dec 2007
    Location
    N.S. Canada
    Posts
    2,010
    Post Thanks / Like

    Re: Franke & Heidecke file for insolvency

    Damn. So it begins.

  3. #3
    Subscriber Member jotloob's Avatar
    Join Date
    May 2008
    Location
    KEMPTEN / GERMANY
    Posts
    1,513
    Post Thanks / Like
    Images
    116

    Re: Franke & Heidecke file for insolvency

    Some people in Denmark and Sweden might be very happy about this .

  4. #4
    Administrator, Instructor Guy Mancuso's Avatar
    Join Date
    Oct 2007
    Location
    Arizona
    Posts
    23,623
    Post Thanks / Like
    Images
    2555

    Re: Franke & Heidecke file for insolvency

    You know maybe but I honestly don't think so if they look at the overall market place like we do. It's very disconcerting all around and frankly I am soooooooooooooooooooo tired about hearing about financial stuff. My depression level keeps sinking daily and a lot of the world population is not very happy either. I just sent a note to some friends telling them I have gotten more Chapter 11 notices from my past clients at a very alarming rate.
    Photography is all about experimentation and without it you will never learn art.

    www.guymancusophotography.com

  5. #5
    Ranger 9
    Guest

    Re: Franke & Heidecke file for insolvency

    Is he liquidating the company, or just filing for protection from creditors during a reorganization? I couldn't tell from the PDF.

    If the company's current business is sound and the problems were holdovers from past bad financial practices, a court-protected reorganization could help it get going again.

  6. #6
    DougDolde
    Guest

    Re: Franke & Heidecke file for insolvency

    I bet Kodak (Leaf) buys them out.

  7. #7
    Administrator, Instructor Guy Mancuso's Avatar
    Join Date
    Oct 2007
    Location
    Arizona
    Posts
    23,623
    Post Thanks / Like
    Images
    2555

    Re: Franke & Heidecke file for insolvency

    Question is how much buyout funds are out there for someone to take control and is it worth it.
    Photography is all about experimentation and without it you will never learn art.

    www.guymancusophotography.com

  8. #8
    Senior Member
    Join Date
    Nov 2007
    Posts
    1,513
    Post Thanks / Like

    Re: Franke & Heidecke file for insolvency

    Quote Originally Posted by Guy Mancuso View Post
    Question is how much buyout funds are out there for someone to take control and is it worth it.
    That is surely a key factor. More news, as it comes, may clear things up. It is sad to see how some of this is happening. Maybe it is the greater speed that seems to make it all go south faster than many (any?) of us have ever really seen in our lifetimes.

    It is kind of sad to think that the fine technology that went into the Hy6 could be lost, or shelved. Not trying to fan flames of debate here, but just looking at the playing field now. Nothing else out there really matches what the Hy6 was capable of, even if its execution was at times stumbling. I really hope somebody picks things up and keeps it going, but we will have to wait and see.

    LJ

  9. #9
    Workshop Member
    Join Date
    Nov 2007
    Location
    Jupiter, Fla.
    Posts
    1,967
    Post Thanks / Like
    Images
    2

    Re: Franke & Heidecke file for insolvency

    Sad news for sure but much too early to say how it will end and what the long term impact will be on the Hy6 and Rollei lineup. IMHO, the most likely buyer is Sinar/Jenoptic.

  10. #10
    Senior Member
    Join Date
    Nov 2007
    Location
    Melbourne, Australia
    Posts
    2,338
    Post Thanks / Like
    Images
    52

    Re: Franke & Heidecke file for insolvency

    First Thierry leaves Sinar employement and then a few days later announcement #1 hits the fan really sad to see ...

    really sad..

  11. #11
    Sr. Administrator Jack's Avatar
    Join Date
    Oct 2007
    Location
    Los Altos, CA
    Posts
    10,486
    Post Thanks / Like
    Images
    1031

    Re: Franke & Heidecke file for insolvency

    It seems Thierry's demise was a result of this announcement being somewhat impending already...

    But hey Pete, maybe there is an opportunity for you -- a nice little hobby company for you to scarf up cheap.

    ,
    Jack
    home: www.getdpi.com

    "Perfection is not attainable. But if we chase perfection, we can catch excellence."

  12. #12
    DougDolde
    Guest

    Re: Franke & Heidecke file for insolvency

    Who cares? Buy a Contax 645

  13. #13
    Administrator, Instructor Guy Mancuso's Avatar
    Join Date
    Oct 2007
    Location
    Arizona
    Posts
    23,623
    Post Thanks / Like
    Images
    2555

    Re: Franke & Heidecke file for insolvency

    Oh sure . LOL
    Photography is all about experimentation and without it you will never learn art.

    www.guymancusophotography.com

  14. #14
    DougDolde
    Guest

    Re: Franke & Heidecke file for insolvency

    Can you put a waist level finder on your Phamiya?

  15. #15
    Administrator Bob's Avatar
    Join Date
    Oct 2007
    Location
    Prescott, Arizona
    Posts
    4,492
    Post Thanks / Like
    Images
    367

    Re: Franke & Heidecke file for insolvency

    I'd rather be looking at my model than at my shoes LOL.
    the waist level finder is also very handy if you don't have an eyelevel tripod.

  16. #16
    Administrator, Instructor Guy Mancuso's Avatar
    Join Date
    Oct 2007
    Location
    Arizona
    Posts
    23,623
    Post Thanks / Like
    Images
    2555

    Re: Franke & Heidecke file for insolvency

    Don't want one, hate them with a passion. I had hassy for 20 years. Doug the Contax is a nice system but not a religion my friend. And there is no future builds with it. Not something I am even interested in. I would flip any system on a dime if there was something that gave me any advantage. I have done it repeatedly, these are tools and that is all they are. They day I take any system that serious is a day i will hang up my straps and get out of this business entirely. You simply can't have your cake and expect the icing to taste good with any of them.
    Photography is all about experimentation and without it you will never learn art.

    www.guymancusophotography.com

  17. #17
    DougDolde
    Guest

    Re: Franke & Heidecke file for insolvency

    I'd consider replacing it with an RZ67 but would have to change my back mount.

  18. #18
    Administrator Bob's Avatar
    Join Date
    Oct 2007
    Location
    Prescott, Arizona
    Posts
    4,492
    Post Thanks / Like
    Images
    367

    Re: Franke & Heidecke file for insolvency

    MODERATOR WARNING
    Discussion as to the liver temperature of Contax 645 or other dead or dead-appearing systems is strongly discouraged. Be careful, you never know when your favorite camera might be suddenly supported by a chapter 7 company or one merely acting that way. Consider that if they were any damn good then they would have generated enough sales to be interesting to somebody who would have at least bought the rights to the installed base.
    Old Cameras, like relatives, often are most loved when gone.
    You have been WARNED!
    we return to our normal programming and apoligise for all of the inconvenience

  19. #19
    New Member
    Join Date
    Aug 2008
    Posts
    14
    Post Thanks / Like

    Re: Franke & Heidecke file for insolvency

    English Translation


    Franke & Heidecke are insolvent
    of
    Editorship photoscala
    on Monday, 02. March 2009 - 17:57

    Bad messages also from Braunschweig: The Franke & Heidecke GmbH, only recently of the Hans R. Schmid participation GmbH taken over, announced insolvency - because of financial and other refuse dumps:

    Franke & Heidecke divide in addition with:

    Franke & Heidecke announce insolvency

    The Franke & Heidecke GmbH, precision mechanics & optics, with seat in Braunschweig announced insolvency.

    The Hans R. Schmid participation GmbH, open castle, had taken part in September 2008 by the majority in the society. For the majority partner Hans R. Schmid, there was an admitting supporter of the products of the house, that had called its commitment „affair of heart “, last no more alternative to the insolvency.

    Although at the time of the assumption it was clear already that a successful redevelopment would be connected with substantial expenditure, accepted Schmid the task and acted decided: Additional specialists were adjusted, the weak points in the enterprise were analyzed and millions in manufacturing and quality assurance invested among other things.

    By these measures it succeeded to obtain fast progress however the substantial omissions of the past were not to be eliminated in the necessary time. When last still - to the new partner at the time did not admit of the assumption - financial and other refuse dumps stepped to light, it became clear that a redevelopment would not have to be created under employment of further millions. This all the more, when in addition it came that negotiations with important business partners, banks and the attempt to receive public means likewise had failed.

    The new partner had invested and held additional financial means to last several times and despite substantial exposures to loss in the enterprise the society and hope for receipt of the 131 jobs thereby is alive enough. Now the insolvency no more was not to be avoided. Altogether Schmid invested an amount of millions with two digits.

    Braunschweig, 27 February 2009


    Which happens now with Franke & Heidecke, in addition, with the cameras Sinar Hy6 and Leaf AFi (Franke & Heidecke prouzierte the housings for both), we try to get to know.

    See also:
    New ownership structure with Franke & Heidecke - September 2008
    Franke & Heidecke: The future belongs to us! - September 2008
    New momentum with Franke & Heidecke - January 2009


    (Thomas)


    * Commentate
    * Contribution further-recommend
    * Store as pdf
    * Printing version


    To the topic:

    * New momentum with Franke & Heidecke
    * Werksbesichtigung with Franke & Heidecke
    * New ownership structure with Franke & Heidecke (updated)
    * Franke & Heidecke increase capital stock
    * Franke & Heidecke train (again)
    * Franke & Heidecke inform in the SQUARE
    * „The factory for precision mechanics & optics “is on-line
    * Franke & Heidecke prosperiert
    * Digital moving IL adapter for XAct 2
    * Franke & Heidecke GmbH take American market in its sights
    * SQUARE newsletter #2 on-line
    * Rollei repair service

  20. #20
    Ranger 9
    Guest

    Re: Franke & Heidecke file for insolvency

    Quote Originally Posted by LJL View Post
    It is sad to see how some of this is happening.
    Especially since a lot of it may have nothing to do with the fundamental soundness of the business itself. I suspect we're going to see a lot more of it with companies that primarily are dependent on the dedication of a single major investor; F&H isn't the only photo company that falls into this category.

    I don't know anything about the gentleman who has been investing in F&H, but as financial markets drop overall, wealthy individual investors who have leveraged their holdings (borrowed against the value of their stocks to fund more investments) start getting "margin calls" -- demands from their bankers to put up a greater percentage of cash. To raise the cash, they may have to sell assets -- which are dropping in value, so they have to sell more than they would in a normal market -- leaving them with a smaller portfolio of less-valuable assets. It's possible for even a good-sized fortune be all but wiped out in just a few days of this sort of thing.

    I'm sure it's always good to be rich, but right now it seems not to be quite as good as it usually is...

  21. #21
    Administrator, Instructor Guy Mancuso's Avatar
    Join Date
    Oct 2007
    Location
    Arizona
    Posts
    23,623
    Post Thanks / Like
    Images
    2555

    Re: Franke & Heidecke file for insolvency

    Doug I lost ya there. A RZ 67 would not work for my type of work nor would a waist level finder. But if i did more studio work a RZ would certainly be a nice compliment to my Phase body when that is more adept at other more fluid work. For what I do I am more the DSLR style of shooting.
    Photography is all about experimentation and without it you will never learn art.

    www.guymancusophotography.com

  22. #22
    Administrator Bob's Avatar
    Join Date
    Oct 2007
    Location
    Prescott, Arizona
    Posts
    4,492
    Post Thanks / Like
    Images
    367

    Re: Franke & Heidecke file for insolvency

    Hello,
    You have a call from Mr. Margin...

  23. #23
    DougDolde
    Guest

    Re: Franke & Heidecke file for insolvency

    For what I do, I'm finding the waist level finder to be almost always on the camera. The view is larger, more magnified, and more like looking at a large format ground glass, though a small one.

    Bob, pass some grass man.

  24. #24
    Administrator Bob's Avatar
    Join Date
    Oct 2007
    Location
    Prescott, Arizona
    Posts
    4,492
    Post Thanks / Like
    Images
    367

    Re: Franke & Heidecke file for insolvency

    Sure, have a toke

  25. #25
    Senior Member
    Join Date
    Nov 2007
    Location
    Melbourne, Australia
    Posts
    2,338
    Post Thanks / Like
    Images
    52

    Re: Franke & Heidecke file for insolvency

    Jack

    I would consider buying Sinar - if I could secure the services of LL to push the product - you know like the great job he has done slagging off @ Hasselblad and ignoring every other back maker - except you know umm which backs does he like again?

    Am I a touch too cynical? Yes - way too cycnical to invest one dollar of mine or my clients money in these soon to be terminated companies - victims of their own high margin low return business models.

    It is truly scary whats going on and sad..very sad for craftsmanship

    Guy

    For me it isnt about the tool to do a job, because I have realised years ago that pretty much they all do the job and everything else is just - well everything else.

    There is a pleasure working with the right tool that fits your hand which cant be objectified or rationalised. This pleasure is just as real - and perhaps more important than the raw files to be manipulated in software that they all produce.

    If I didnt marvel at the magic of glass and the wonder at the mechanical and electrical genius of the construction of these things we call cameras, if teaching myself the beauty of shifts and tilts rises and falls wasnt fun - well my friend

    I woudl buy a P&S with a 28m fixed lens and give it to my wife to make family snaps and find another hobby like ..maybe ..the search for the perfect Martini.

  26. #26
    Sr. Administrator Jack's Avatar
    Join Date
    Oct 2007
    Location
    Los Altos, CA
    Posts
    10,486
    Post Thanks / Like
    Images
    1031

    Re: Franke & Heidecke file for insolvency

    Quote Originally Posted by PeterA View Post
    and find another hobby like ..maybe ..the search for the perfect Martini.
    Dude, you must have missed that thread.... We already found it!

    Seriously. Hendricks gin. Bone dry (don't even whisper vermouth as you pour the Hendricks into your shaker) and shaken GENTLY until as cold as is possible for 80 proof alcohol to get. Pour into a chilled martini glass, garnish with a generous slice of fresh Persian cucumber -- and don't even think about adding an onion or an olive, you'll destroy it.

    I now return you to your regular programming
    Jack
    home: www.getdpi.com

    "Perfection is not attainable. But if we chase perfection, we can catch excellence."

  27. #27
    Administrator, Instructor Guy Mancuso's Avatar
    Join Date
    Oct 2007
    Location
    Arizona
    Posts
    23,623
    Post Thanks / Like
    Images
    2555

    Re: Franke & Heidecke file for insolvency

    I agree pleasure is nice Peter but I have still yet to find a camera fit my hand better than the DMR and I have been through a lot of systems. My pleasure anymore is really in working the files and seeing what they do. The hardware part in a lot of ways I keep losing interest in for some reason and not sure why. Since going into MF the glass got less important than it did when i shot the M8 or the DMR or any Canon which sucked or Nikon which i don't like the color. To me in 35mm glass is king for a great file in MF I feel it is the back and software are much more important than the glass anymore. I do still like nice glass and have some stellar ones but for some reason i don't put much into now and the Franke-Heidecke does absolutely nothing for me except seriously deplete all bank accounts. LOL

    I'm in a funky mood today if you have not picked up on it. Just not happy with the world and my phone is deadly silent today. Not good things
    Photography is all about experimentation and without it you will never learn art.

    www.guymancusophotography.com

  28. #28
    DougDolde
    Guest

    Re: Franke & Heidecke file for insolvency

    My phone isn't ringing either. I really dig it that way..peace and quiet.

  29. #29
    Super Duper
    Senior Member

    Join Date
    Nov 2007
    Location
    Royal Oak, MI and Palm Harbor, FL
    Posts
    8,498
    Post Thanks / Like
    Images
    44

    Re: Franke & Heidecke file for insolvency

    Quote Originally Posted by Guy Mancuso View Post
    I agree pleasure is nice Peter but I have still yet to find a camera fit my hand better than the DMR and I have been through a lot of systems. My pleasure anymore is really in working the files and seeing what they do. The hardware part in a lot of ways I keep losing interest in for some reason and not sure why. Since going into MF the glass got less important than it did when i shot the M8 or the DMR or any Canon which sucked or Nikon which i don't like the color. To me in 35mm glass is king for a great file in MF I feel it is the back and software are much more important than the glass anymore. I do still like nice glass and have some stellar ones but for some reason i don't put much into now and the Franke-Heidecke does absolutely nothing for me except seriously deplete all bank accounts. LOL

    I'm in a funky mood today if you have not picked up on it. Just not happy with the world and my phone is deadly silent today. Not good things
    Cheer up Guy, for you are not alone.

    If things don't pick-up I won't need any of this stuff, and I can go back to running rolls of B&W through the Hassey just for the love of it.

    But oddly, weddings are up for me.

    Terrible news about Rollei.

  30. #30
    Administrator, Instructor Guy Mancuso's Avatar
    Join Date
    Oct 2007
    Location
    Arizona
    Posts
    23,623
    Post Thanks / Like
    Images
    2555

    Re: Franke & Heidecke file for insolvency

    Thanks bud. I know your in the same space. Good on the weddings , may have to look that way myself.
    Photography is all about experimentation and without it you will never learn art.

    www.guymancusophotography.com

  31. #31
    Subscriber Member mwalker's Avatar
    Join Date
    Dec 2007
    Location
    Kentucky
    Posts
    924
    Post Thanks / Like
    Images
    74

    Re: Franke & Heidecke file for insolvency

    Quote Originally Posted by Guy Mancuso View Post
    Thanks bud. I know your in the same space. Good on the weddings , may have to look that way myself.
    Photography, Engineering services, corporate industrial moneys have dried up. I had to put my offices on thirty hour work weeks..I'm not a popular guy right now...pass me a Hendricks.
    Mike

    website under construction

  32. #32
    Administrator, Instructor Guy Mancuso's Avatar
    Join Date
    Oct 2007
    Location
    Arizona
    Posts
    23,623
    Post Thanks / Like
    Images
    2555

    Re: Franke & Heidecke file for insolvency

    Yes Mike my corporate industrial the bread and butter has no life blood. I still have a couple that are doing okay but the rest OUCH. I can see why your not a popular guy right now, so pass on the Hendricks bud. LOL
    Photography is all about experimentation and without it you will never learn art.

    www.guymancusophotography.com

  33. #33
    Ranger 9
    Guest

    Re: Franke & Heidecke file for insolvency

    Quote Originally Posted by Bob View Post
    Hello,
    You have a call from Mr. Margin...
    Thanks -- can you transfer it out here to the window ledge? That's where we're all standing...

  34. #34
    Senior Member helenhill's Avatar
    Join Date
    Dec 2007
    Location
    NYC
    Posts
    1,895
    Post Thanks / Like
    Images
    16

    Re: Franke & Heidecke file for insolvency

    I'll take a Full Bottle.....
    Are we all in the Swamp
    Very Sorry Mike.

    This thread did make me Laugh
    as well as Terrify me

  35. #35
    Senior Member
    Join Date
    Oct 2007
    Location
    Fort Collins, Colorado
    Posts
    2,077
    Post Thanks / Like
    Images
    1

    Re: Franke & Heidecke file for insolvency

    Quote Originally Posted by Bob View Post
    MODERATOR WARNING
    Discussion as to the liver temperature of Contax 645 or other dead or dead-appearing systems is strongly discouraged. Be careful, you never know when your favorite camera might be suddenly supported by a chapter 7 company or one merely acting that way. Consider that if they were any damn good then they would have generated enough sales to be interesting to somebody who would have at least bought the rights to the installed base.
    Old Cameras, like relatives, often are most loved when gone.
    You have been WARNED!
    we return to our normal programming and apoligise for all of the inconvenience
    As a former owner/lover of the Contax 35mm systems (three generations starting in 1975 and ending in 2005) I too am sorry that Kyocera opted out in such a destructive fashion. We will never know what might have been if they had gotten out of the way so that the brand could have been sold to someone who knew how to make a business of it.

    On the other hand (he says in his most pragmatic broadcasters voice)it is what it is and Contax no longer exists for any format. You can make use of your contax 35mm lenses on the Canon mount and you can certainly buy up Contax 645 stuff in great shape which will take wonderful images for the rest of our lifetimes. Point is that it is a dead end, over and outl

    So I say, get over it and move on to Phase, Mamiya, Hasselblad etc and buy into a system that will continue to be improved each and every day. i suspect we will see many of the Contax features implemented in these other systems as time moves on.

    JMHO and definitely YMMV

    WOODY SPEDDEN

  36. #36
    Senior Member
    Join Date
    Nov 2007
    Location
    Melbourne, Australia
    Posts
    2,338
    Post Thanks / Like
    Images
    52

    Re: Franke & Heidecke file for insolvency

    Jack - I did miss the thread and the recipe - thanks for that i will try it tonight my secretary is out sourcing the Gin now. Only problem is "Persian' cucumber - wtf is that ? LOL sorry buddy I like a green olive in mine. You know what - maybe a lunch time drink isnt such a bad bloody idea today!

    Guy - I am on a downer myself - i think we are all sharing some pain no matter what field of enterprise we engage in to put bread on the table mate.

    I have a really bad problem with gear - bottom line? I just dont LIKE digital I have tried to compensate by buying and checking out all the best stuff I can - but in the end I JUST DONT LIKE IT as much as ..dare I say it ? FILM * ....mad laughter now follows.

  37. #37
    Sr. Administrator Jack's Avatar
    Join Date
    Oct 2007
    Location
    Los Altos, CA
    Posts
    10,486
    Post Thanks / Like
    Images
    1031

    Re: Franke & Heidecke file for insolvency

    Quote Originally Posted by PeterA View Post
    Only problem is "Persian' cucumber - wtf is that ? LOL sorry buddy I like a green olive in mine.
    A slice of *ANY* kind of fresh cuke is better than an olive in this one -- and I *love* martini olives...


    PS: I'm drinking one right now. Killed my last bottle though, so tomorrow is restock day.
    Jack
    home: www.getdpi.com

    "Perfection is not attainable. But if we chase perfection, we can catch excellence."

  38. #38
    Administrator Bob's Avatar
    Join Date
    Oct 2007
    Location
    Prescott, Arizona
    Posts
    4,492
    Post Thanks / Like
    Images
    367

    Re: Franke & Heidecke file for insolvency

    Keep a spare in the pantry.
    Besh advishe I could give ya

  39. #39
    Sr. Administrator Jack's Avatar
    Join Date
    Oct 2007
    Location
    Los Altos, CA
    Posts
    10,486
    Post Thanks / Like
    Images
    1031

    Re: Franke & Heidecke file for insolvency

    Quote Originally Posted by Bob View Post
    Keep a spare in the pantry.
    Besh advishe I could give ya
    I do, but that WAS the frigging spare! And now I'm flat out and having to look askance at my bottle of Sapphire......

    Talk about on a downer!
    Jack
    home: www.getdpi.com

    "Perfection is not attainable. But if we chase perfection, we can catch excellence."

  40. #40
    Workshop Member
    Join Date
    Nov 2007
    Location
    Jupiter, Fla.
    Posts
    1,967
    Post Thanks / Like
    Images
    2

    Re: Franke & Heidecke file for insolvency

    Persian cucumber... must be a California thing, but you are dead on with the cuke in the Martini. Tried it and loved it and I pick my bars these days by who stocks Hendricks. BTW, after a few of these I find I shoot the Contax better than the Hy6

  41. #41
    Oxide Blu
    Guest

    Re: Franke & Heidecke file for insolvency

    Quote Originally Posted by Jack Flesher View Post
    A slice of *ANY* kind of fresh cuke is better than an olive in this one -- and I *love* martini olives...

    Garlic stuffed olives in chardonnay. About $4.50/jar online, $7.50/jar at Safeway. Go ahead and toss out the extra $3 and pick up a jar at Safeway; they're worth it.



    And don't even think about putting them in a martini.

  42. #42
    Administrator, Instructor Guy Mancuso's Avatar
    Join Date
    Oct 2007
    Location
    Arizona
    Posts
    23,623
    Post Thanks / Like
    Images
    2555

    Re: Franke & Heidecke file for insolvency

    Quote Originally Posted by David K View Post
    Persian cucumber... must be a California thing, but you are dead on with the cuke in the Martini. Tried it and loved it and I pick my bars these days by who stocks Hendricks. BTW, after a few of these I find I shoot the Contax better than the Hy6
    Hell you can do that straight
    Photography is all about experimentation and without it you will never learn art.

    www.guymancusophotography.com

  43. #43
    Member
    Join Date
    Apr 2008
    Location
    Lancs, UK
    Posts
    181
    Post Thanks / Like

    Re: Franke & Heidecke file for insolvency

    Quote Originally Posted by Bob View Post
    Consider that if they were any damn good then they would have generated enough sales to be interesting to somebody who would have at least bought the rights to the installed base.
    Bob,

    It sounds like you're suggesting we should give up on Macs, and get Windows machines instead.
    Throw out the hand-made US hi-fi and buy a Sony.

    Mainstream Rocks!

    Yuk. No Thanks.

  44. #44
    Super Duper
    Senior Member
    carstenw's Avatar
    Join Date
    Nov 2007
    Location
    Berlin, Germany
    Posts
    2,530
    Post Thanks / Like

    Re: Franke & Heidecke file for insolvency

    I am a scotch man myself, so I'll leave the martinis to you guys.

    Franke & Heidecke going insolvent is just incredibly sad. It takes one genteel old camera company out of the equation, and puts undue pressure on two others. I wonder if this is related to Thierry's departure. It sounds like it may well be. If there is no Hy6 to sell any more...

    Truly sad. I doubt that anyone in their right mind is cheering, especially at Hasselblad. Although the connection in recent years was likely tenuous or non-existent, there did use to be an aspect of gentlemanly competition between them:

    http://www.hasselbladhistorical.eu/HS/HSHmeetsR.aspx

    I hope that the insolvency is a call in distress, and that someone hears it. I cannot at the moment imagine who that might be, if not Jenoptik, but hopefully someone picks up the Hy6 and the rights to produce the classic Rolleiflex 2.8F and so on.
    Carsten - Website

  45. #45
    Member
    Join Date
    May 2008
    Posts
    42
    Post Thanks / Like

    Re: Franke & Heidecke file for insolvency

    "Bad business practice" comes to mind. I wonder where that leaves Leaf and its AFi10 now.

  46. #46
    Super Duper
    Senior Member

    Join Date
    Nov 2007
    Location
    Royal Oak, MI and Palm Harbor, FL
    Posts
    8,498
    Post Thanks / Like
    Images
    44

    Re: Franke & Heidecke file for insolvency

    I wouldn't know about "bad business practice", I'll leave that to the people that have a better grasp of that kind of stuff.

    However, common sense tells me it's a classic case of unfortunate timing ... a relatively new piece of high-end gear with all the attendant R&D costs aimed at an industry that's one of the first to be impacted by a surprisingly potent economic downturn of this magnitude ... well, marketing industries and all their offshoots to be more precise. BTW, this is precisely why I'm a tad worried about the impending launch of the Leica S2.

    Just using my neophyte business noodle I'd say F&H, Leaf and Sinar should consolidate as the third big player in MF digital ... it seems that could possibly give them a fighting chance. But I doubt the three "cultures" could mesh fast enough ... unless one dominate player or investor could over-ride all the issues with a strong management hand.

  47. #47
    Senior Member
    Join Date
    Nov 2008
    Location
    UK
    Posts
    561
    Post Thanks / Like

    Re: Franke & Heidecke file for insolvency

    It would be great if Kodak could muster the enthusiasm to do it. Could really drive their part in medium format forward.

    However, I hear they (Kodak) are more and more interested in the cinema / motion industry as the returns are of course that much higher.

    David

  48. #48
    Super Duper
    Senior Member

    Join Date
    May 2008
    Location
    Manchester/Jerusalem
    Posts
    2,652
    Post Thanks / Like
    Images
    290

    Re: Franke & Heidecke file for insolvency

    Well my weddings have gone south, hardly a booking as people take cheaper options when I'm already on the edge of what I can afford to provide. Then the guy who is to be my business partner for the opening of a camera rental shop just tells me his bank are cutting up rough about releasing his 50% of the investment money. I was ready to go in just two months...
    I am not a painter, nor an artist. Therefore I can see straight, and that may be my undoing. - Alfred Stieglitz

    Website: http://www.timelessjewishart.com

  49. #49
    Super Duper
    Senior Member
    carstenw's Avatar
    Join Date
    Nov 2007
    Location
    Berlin, Germany
    Posts
    2,530
    Post Thanks / Like

    Re: Franke & Heidecke file for insolvency

    Ouch, sorry to hear that Ben. It seems as if the bad news won't stop coming. I was just about to sell some stock from my employee stock purchase plan when I thought that the normal spikes would give a small boost if I could wait a couple of weeks. Then AIG hit and if I sell now, I barely make anything. I might have to wait a little longer. That money was going to pay for a film scanner and a panohead. Oh well.
    Carsten - Website

  50. #50
    Administrator Bob's Avatar
    Join Date
    Oct 2007
    Location
    Prescott, Arizona
    Posts
    4,492
    Post Thanks / Like
    Images
    367

    Re: Franke & Heidecke file for insolvency

    Quote Originally Posted by shakeshuck View Post
    Bob,

    It sounds like you're suggesting we should give up on Macs, and get Windows machines instead.
    Throw out the hand-made US hi-fi and buy a Sony.

    Mainstream Rocks!

    Yuk. No Thanks.
    I am not sure how you read that in what I said,
    Macs made it because they DID generate enough revenue to interest investors. They went through a rough patch. had manufacturing issues, and a bit of a slide until the board convinced Jobs to come back and boot Gil Amelio. There was throughout that period an attractive revenue stream.
    Mainstream is not my preference generally, but the alt-stream has to be viable, if it is not, it dies.
    -bob

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •