M32-like galaxies: still very rare -- M32 analogues do not exist in the Leo group

New observations of galaxies in the direction of the Leo group, which were classified as being candidates for M32-like dwarf galaxies by Ferguson & Sandage (1990), show that these galaxies are normal elliptical galaxies at redshifts between z=0.02 and z=0.06. This result adds further evidence that the faint end of the luminosity function of elliptical galaxies falls off very steep and that objects like M32 are extremely rare.