Boards of directors are not day to day managers of companies. They meet periodontally, this may have been their first chance to take any action. What would they have done before hand. Act like politicians: Go to the news papers? Make histrionic announcements to the media? Be real. They got the relevant documents and read through them, at the next meeting discussed the implications,and voted. Things don't happen instantly, (unless their minds were already made up which they probably weren't), after all lots of people thought this would be good for Pentax as a camera company. Read Herbert Keppler's essay from early this month http://www.photoreporter.com/article.asp?issueID=80&num=07&vol=15&articleType=fc&articleID=1410 Everything looked rosy then.
Tom C wrote: > You don't find it strange that almost an entire board pops up one day and > says "Hey, a couple of months ago our President made a deal affecting the > future of our entire corporation without our knowledge, and we didn't do > anything back then, but now we are?" > > I do. I'm not reading anything into anything. I'm simply saying I find > that incredible and don't believe we have the full story yet. > > > 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 Unveils New Business Plan >> Date: Fri, 11 May 2007 23:06:17 -0400 >> >> >> On May 11, 2007, at 8:10 PM, Tom C wrote: >> >>> Months passed between the merger >>> annoucement and Pentax's unilaterally withdrawing from the agreement. >>> Something stinks in Denmark. >>> >> Idaho. >> Seriously, you attempt to read so much into these things that is >> based on pure conjecture tempered by little knowledge of the way the >> business world works. Take a pill and go to bed. >> Paul >> >> >> -- >> PDML Pentax-Discuss Mail List >> [email protected] >> http://pdml.net/mailman/listinfo/pdml_pdml.net >> > > > > -- 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
