They're selling corporate assets to make up for the ? 100K dollars flushed 
down the drain on developing and not producing or selling the 645D. ;-)



Tom C.


>From: Paul Stenquist <[EMAIL PROTECTED]>
>Reply-To: Pentax-Discuss Mail List <[email protected]>
>To: Pentax-Discuss Mail List <[email protected]>
>Subject: Re: Pentax - Selling HQ and Apparently Drops 645D
>Date: Wed, 9 May 2007 23:30:10 -0400
>
>Yes.
>Paul
>On May 9, 2007, at 11:12 PM, Jack Davis wrote:
>
> > This thought may have been offered as I've only looked at a few of
> > these posts. It may be that Pentax is taking the same route as many
> > have and that's selling certain assets to generate cash in order to
> > control more of their stock, thereby hoping to fend off a hostile buy
> > out, in this case, by Hoya.(??)
> >
> > Jack
> > --- [EMAIL PROTECTED] wrote:
> >
> >> In a message dated 5/9/2007 5:55:23 P.M. Pacific  Daylight Time,
> >> [EMAIL PROTECTED] writes:
> >> Is selling their valuable  Tokyo real estate a way of making Pentax a
> >>
> >> less desirable target for  aquisition?
> >>
> >> Joe
> >>
> >> ===========
> >> I don't know how corporate stuff  works, but I would think it is to
> >> cut out
> >> overhead and deadwood so on a  quarterly report they show more
> >> profit. So not
> >> necessarily to raise cash, but to  decrease debit. Ergo, please
> >> investors. Not
> >> all stockholders go for a quick cash  profit, many like to invest in
> >> a
> >> well-respected company with long term gains.  What Sparx looks for, I
> >> have no idea,
> >> but it may be the same thing. If they show  better a better profit
> >> margin, then
> >> pressure to merge (by big investors  especially) would decrease.
> >>
> >> Well, that's my best guess about what is  going on anyway.
> >>
> >> Marnie aka Doe
> >>
> >> ---------------------------------------------
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> >>
> >>
> >>
> >>
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> >>
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