Grim times at Heidelberg

[GeorgeA]

The German financial newspaper Handelsblatt reports that Heidelberg is trying to find a private investor willing to invest several hundred million Euros to help it through its crisis, but isn't having any luck. Details here:

Beyond-Print - all about future media - Heidelberg seeks a major investor

[Internal_R&D_Analyst]

Well the stock is at $3.25 cents right now. Runs are getting shorter and they got out of digital. They'll be around but at what size I wonder?

[GeorgeA]

The company’s third-quarter financial report shows that it is no longer bleeding cash. That was the immediate crisis. Now, it has to figure out how to survive the recession. There is some analysis, plus links to the press release and investor presentation, here:

Beyond-Print - all about future media - Heidelberg on the brink, but still hanging on

[Internal_R&D_Analyst]

What this article failed to mention is that many of the jobs and costs that were cut are in their R&D. As they slow down the rate in which they are able to introduce new technology how will this compare with their competition?

Is anyone here ready, willing, or able to purchase a 1-2 million dollar press in the next 12 months? My guess is few, specifically on the willing side if you are one of the few that financially can. If you're a manufacturer and not selling a lot of new equipment I guess you better hope for a lot of breakdowns so you can sell parts.

HP on the other hand had their most successful year ever in the Graphics Arts Industry. Could this thing called digital and the indigo released 16 years ago at Ipex ’93 be one of several solutions for the future?

HP Graphics Business Experiences Most Successful Year to Date —PI News : Printing Impressions