>From the sparx group website: "In practice, SPARX's investment process is a skill-based approach identifying a catalyst to narrow the "value gap" that exists between a company's intrinsic value and its stock price. We believe that this disciplined method minimizes downside risks and maximizes the potential returns to consistently generate exceptional long-term investment results."
Short version: buy an undervalued company and as soon as someone realizes that is worth more sell it. I don't think it shows no market disconnection, no analysis in the long term, just shows a fund company that playing by the rules is making quick money, that's it. On 4/16/07, P. J. Alling <[EMAIL PROTECTED]> wrote: > Or we see an investment company trying to maximize it's short term > investments. > > Tom C wrote: > >> I expect Pentax is pretty close to being able to tell Sparx to take a > >> flying > >> f#ck at the moon anyway. > >> > >> William Robb > >> > >> > > > > Why? Sparx is the major shareholder and therefore owns more of Pentax than > > any other single entity. > > > > What all this shows to me is that there is a marked disconnect between > > Pentax's popularity surge with the K10D/K100D, as good as that may be, and > > their profitability and long term viability in a competitive marketplace. > > > > Tom C. > > > > > > > > > > > -- > Entropy Seminar: The results of a five yeer studee ntu the sekend lw uf > thurmodynamiks aand itz inevibl fxt hon shewb rt nslpn raq liot. > > > -- > PDML Pentax-Discuss Mail List > [email protected] > http://pdml.net/mailman/listinfo/pdml_pdml.net > -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net

