Fernando, I said markeD disconnection, not markeT. I agree with what you state though and that's my point.
This wasn't Sparx selling the company as I see it. It was Pentax agreeing to a merger with a more profitable and sucessful company than itself, then sitting on their thumbs right up to the last minute, making themselves look foolish, in a move that can be regarded as quite risky. If there was a Hoya-Pentax merger they were in some degree of jeopardy of having the camera division sold off or jettisoned jetsooned. If they are taken over by Hoya they are danger of the same thing. Tom C. >From: "Fernando Terrazzino" <[EMAIL PROTECTED]> >Reply-To: Pentax-Discuss Mail List <[email protected]> >To: "Pentax-Discuss Mail List" <[email protected]> >Subject: Re: Pentax Update >Date: Mon, 16 Apr 2007 16:41:28 -0400 > > >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 -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net
