> by late November Pentax will have over 30,000 camera sitting in 
warehouses,

Not necessarily, Joe. While I do not wish to fuel this any more than 
necessarily by feeding my own speculation, I believe they ship overseas 
incrementally as the production proceeds until each importer gets what 
they ordered.  I don't think it's like they sit in the warehouse in 
Japan and suddenly ship the all out at once.  If anything, I am sure 
that Pentax rather want the stock sitting in the importers' warehouse :-).

In any case, while we are bickering on this, days pass by fast and it is 
not too far before we have shiny K10D in our hands :-).

Ken

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Just discussing, Ken, not bickering.

If Pentax Japan owns the importers, then cameras sitting in a warehouse 
in, say, Golden, Colorado, are a cost to the company just as if the 
cameras were in Japan or Manila. I should have clarified that.

I have seen suggestions that your scenario is correct: Importers are 
already receiving shipments.

Joe

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