But it feels good explaining it with 5D II while waiting.
Is it really illegal to purchase own stocks if you know you have a great new product?
I would not have thought that. I know, its illegal to SELL your stocks with the inside knowledge, your company is crashing soon.
It is illegal if you (or your brother) are senior management of the company. It enables you to take advantage over other investors- not a fair game. However, if you are a stock analyst and successfully predict (rather than being informed by an insider) the new product, you rock, and perfectly legal.
I would love to see if Canon stock boosts by 1% upon the release of 5D II. That means all our day dreaming comes true
Ralph Conway wrote:
But it feels good explaining it with 5D II while waiting.
Is it really illegal to purchase own stocks if you know you have a great new product?
I would not have thought that. I know, its illegal to SELL your stocks with the inside knowledge, your company is crashing soon.
How do you know this new camera(if and/or when it is released) is going to be great??
Even if amazing specs are announced, how can you"know" it will be great................the 1Dm3 sounded great when it was announced......
xealot wrote:
From investor's point of view, a company has lots of reasons when it repurchases its own stocks:
1. It believes that its share outstanding is highly underpriced;
2. It has more than enough cash in hand, but is unwilling to spread like dividends, because the latter is like a commitment to investors that it is increasing dividends. To increase dividends and then decrease is a disaster to a public company.
3. It is trying to convince investors that the company is in great shape.
4. To avoid possible buyout, etc...
I would hardly believe that Canon repurchase stocks because the 5D II. It is a HUGE company that has a very broad line of business. I would look at their printers, P&S cameras etc to determine the fundamentals, not the 5D II, which appeals a much smaller market.
Also, the COMPANY repurchasing stocks doesn't mean its EXECUTIVES do so. The stocks the company buys will be normally burnt. And if the executives do know something big and they buy, it is very illegal....Show more →
Another big reason that companies buy stock is to give them to employees in the form of ESPP (Employee Stock Purchase Plan) or RSU (Restricted Stock Units) or stock options.
The release of a new FF camera will have absolutely zero impact on the share price of a company as large as Canon. Sales of this camera cannot possibly even add up to 1% of total worldwide sales, so its impact on the bottom line will be nil. In all probablity, though I am not priviy to their numbers, 50D is probably a bigger product, and 1000D an even bigger one. So seeing any connection between a share repurchase and 5DII is not applicable.
Ralph Conway wrote: It did. But like most of us, we had to stand up at eight a clock in the morning, What is 8,5 hours ago. So Now after I developed a customers pics I am back again. Till she is back again. I think it will be early bedtime for me today, too. My clock rings at 10 minutes to 6 in the morning. I was not allowed to watch Neil when he did his small step (I was aged 8). But I want to be part of it, when Canon announces that giant leap for photographers.
My dad woke me up at some ungodly hour to watch Neil step on the moon, back before PR dictated when stuff happened.
21MP Full Frame Sensor
digic4
3.9 fps
9 point AF
Viewfinder: 98%
3.0" VGA LCD
Live View
Movie Mode
AF adjustment
Integrated Cleaning System
No pop-up flash
17 September Announcement
Gerry Szarek wrote:
My dad woke me up at some ungodly hour to watch Neil step on the moon, back before PR dictated when stuff happened.
I just read the book phases of gravity by Dan Simmons, it gave me a great look into your generation
WebDog wrote:
21MP Full Frame Sensor
digic4
3.9 fps
9 point AF
Viewfinder: 98%
3.0" VGA LCD
Live View
Movie Mode
AF adjustment
Integrated Cleaning System
No pop-up flash
17 September Announcement
Thats It
Pretty boring eh?
But I can be wrong
Hope you are wrong...I wanna see fast FPS and a new AF system that should be there.
I bought my 10D just a few months before they released the 300D which had a great deal of what was special about the 10D. With the firmware fix for high ISO it came even closer.
I will not be surprised if they do the same again with the affordable full-frame.
scott f wrote:
How do you know this new camera(if and/or when it is released) is going to be great??
Even if amazing specs are announced, how can you"know" it will be great................the 1Dm3 sounded great when it was announced......
Not to me. I do not need 10 FPS and the resolution was to low, the price imo to high. Now its at € 3.200 here. That is an acceptable price for what it does I guess. But I would have choosen the 5D instead.
Dear Scott,
I do not know. How could I? But I expect it. And why not because of AF issues with a complete new camera, 1,5 years ago? I think they learnd about it. Sensors and Digic III IQ is still excellent. A new sensor in FF and Digic IV will be even better "I guess".
If not I will purchase the 5D at least. Its nearly half the 1D MK III price and would fit my needs better. And guess I would be happy with that solution for the next 1-1,5 years, too.
xealot wrote:
It is illegal if you (or your brother) are senior management of the company. It enables you to take advantage over other investors- not a fair game. However, if you are a stock analyst and successfully predict (rather than being informed by an insider) the new product, you rock, and perfectly legal.
WebDog wrote:
21MP Full Frame Sensor
digic4
3.9 fps
9 point AF
Viewfinder: 98%
3.0" VGA LCD
Live View
Movie Mode
AF adjustment
Integrated Cleaning System
No pop-up flash
17 September Announcement
Thats It
Pretty boring eh?
But I can be wrong
Web Dog;
Anything on if it will be able to use EF AND EF-S lenes like the D700?
Mike Hatam wrote:
The SEC does not govern the Japanese market.
I think those are quite globally accepted rules. things like UNIDROIT, CIGN etc, just on stock trade kind of platforms are if not enforced, followed quite broadly, no?
WebDog wrote:
21MP Full Frame Sensor
digic4
3.9 fps
9 point AF
Viewfinder: 98%
3.0" VGA LCD
Live View
Movie Mode
AF adjustment
Integrated Cleaning System
No pop-up flash
17 September Announcement
Thats It
Pretty boring eh?
But I can be wrong
That means Canon is giving up the high end to Nikon. Somehow I doubt it. Now, can Sep 17th just come! Its already nearly 1:30AM in Tokyo! Where's the announcement?
ulrikft wrote:
Hehe, my father was born in -44.. Keep telling me how he lived trough the war
Both of my parents were born in the early fifties but my granddad went ashore on D-Day, never recovered mentally, became an alchoholic and drank himself into the grave. That said his father was so badly gassed at the Somme that he never left hospital. It's a rather different world now! I served in action but it was in a world where it wasn't the norm as it was in the first part of the last century. Very different psychological mindset to those centuries (basically all until the mid 1900's) were war and death was the norm in pretty much every generation.
It did. But like most of us, we had to stand up at eight a clock in the morning, What is 8,5 hours ago. So Now after I developed a customers pics I am back again. Till she is back again. I think it will be early bedtime for me today, too. My clock rings at 10 minutes to 6 in the morning. I was not allowed to watch Neil when he did his small step (I was aged 8). But I want to be part of it, when Canon announces that giant leap for photographers. 