Added sometime recently to the pentax USA page:
http://pentaxusa.com/news/news_display.cfm?pressid=196
Some text from page:
[snip]
PENTAX PLANS DIGITAL SLR FAMILY EXPANSION

June 8, 2004 (GOLDEN, CO) – PENTAX Imaging Company, a division of PENTAX of America, Inc. has announced it is developing cameras for the entry level digital SLR category. The first introduction is slated for Fall of 2004.
...
This latest announcement further demonstrates the PENTAX commitment to the digital SLR camera market including entry level photographers.
[/snip]


Sounds like they have big plans!
David



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