A problem for analysts may be that family controlled businesses are much more unpredictable than others. A rich enthusiast may be better at keeping an otherwise doomed department alive long enough to make it profitable, while the ordinary investor looses his interest long before that.
DagT > fra: "P. J. Alling" <[EMAIL PROTECTED]> > dato: 2006/01/27 fr AM 08:35:16 CET > til: [email protected] > emne: Re: Financal Condition of Pentax > > Herb is a financial analyst, if he were really good at it he wouldn't be > working for someone else. > > [EMAIL PROTECTED] wrote: > > >In a message dated 1/24/2006 3:03:26 AM Pacific Standard Time, > >[EMAIL PROTECTED] writes: > > > > > >>>On Tue, 24 Jan 2006, John Forbes wrote: > >>> > >>> > >>> > >>>>As for the rest, I think you underestimate the power of your own voice. > >>>>The person who started this thread said he had read that Pentax was in > >>>>financial difficulties. How many other people have read one of Herb's > >>>>posts and believed it? According to Herb's prognostications, Pentax went > >>>>bust six months ago. > >>>> > >>>> > >>>Let me tried to understand this: is the imaging division of Pentax now > >>>making profit? That's the one Herb was saying was a loss-maker. He always > >>>said that the company, as a whole, was making money. > >>> > >>> > >>According to their latest report (2005.11.09: Interim Report on Settlement > >> > >> > >of > > > > > >>Accounts ( Consolidated ) for Business Year Ending March 31, 2006), the > >>imaging division made an operating loss. > >> > >>The company as a whole is profitable. > >> > >> > > > >Which is what Herb has always said. Of course he guessed whether the > >company would close down the loss-making division, but of course all > >anyone can do about that is guess. > > > >Kostas > >======== > >Yes, I agree. Herb may have been dubious about Pentax's future, but he did > >not distort the figures. He reported the financial facts accurately. > > > >Marnie aka Doe > > > > > > > > > > > -- > When you're worried or in doubt, > Run in circles, (scream and shout). > > >
