----- Original Message ----- 
From: "P. J. Alling"
Subject: Re: Pentax Update


> Rule of thumb is that a managing board only needs to control about 30%
> outstanding stock to maintain control.  A hostile takeover will require
> control of 50.001%  This will have to be bought one way or another.  If
> the company costs too much selling the parts won't gain enough back to
> pay for the fight.  Sparx made this calculation before and obviously
> came to that conclusion.  .  Pentax is in a stronger position vis a vis
> the DSLR/Photographic market than last time Sparx made these noises. We
> shall see...
>

I expect Pentax is pretty close to being able to tell Sparx to take a flying 
f#ck at the moon anyway.

William Robb 


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