>From: "Digital Image Studio" <[EMAIL PROTECTED]>
>Reply-To: Pentax-Discuss Mail List <[email protected]>
>To: "Pentax-Discuss Mail List" <[email protected]>
>Subject: Re: Pentax Update - Thursday
>Date: Fri, 20 Apr 2007 01:28:12 +1000
>
>On 20/04/07, Tom C <[EMAIL PROTECTED]> wrote:
>
> > Under the current terms, if Pentax withdraws from the business 
>integration
> > plans or begins tie-up talks with a third party, Hoya can demand payment 
>of
> > around 3 bln yen for breach of contract, according to Nikkei.
> >
> > 25 million USD
>
>What the heck, it'll only take them 125,000 K10D sales (assuming that
>they make a very generous 25% on each and every $800 sale) to get back
>to where they were. ;-)
>
>--
>Rob Studdert

It sounds like, unless there's other undisclosed provisions, that Pentax is 
over a proverbial barrel.  They can't withdraw from the merger, unless they 
want to pay a huge fine.

That's only 1667 645D's assuming they sell for $15K USD.

Tom C.



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