Pentax is being forced to sell out to Hoya by the Japanese equivalent of 
a Corporate Raider brought in as a White Knight, after they began to 
turn their Camera Business around.  That seems to be the exact opposite 
of what Herb was predicting. 

Tom C wrote:
>> On 21/05/07, Paul Stenquist <[EMAIL PROTECTED]> wrote:
>>     
>>> I'm just tired of all those who spend so much time watching the sky
>>> to see if it's falling. If I were inclined to dump my Pentax gear, I
>>> would do it now. But I'm not going to. It works quite well, thank
>>> you. A yawn is appropriate.
>>>       
>> Rob Studdert wrote:
>>
>> It's not really, this is a conversation about Pentax on a Pentax
>> discussion list. Try to exercise just a little empathy, granted
>> Pentax's future is not entirely clear at the moment. However consider
>> for just a moment that some others here may not be made of money and
>> may have had to save and sacrifice to buy into the Pentax system and
>> as such are simply concerned that it may not have a future. Surely
>> scenarios are worth discussion.
>>     
>
> Remember Rob.  This is America, where one has the freedom to suppress 
> other's freedom of speech if they don't like it.  And the one who shouts 
> longest and hardest wins.
>
> It is a Pentax list and Pentax is being discussed.  Nobody has ever 
> suggested dumping Pentax gear except the guys that are also saying they're 
> not going to dump it.
>
> I wasn't ever going to say this, but I guess I will now.  For all those that 
> have been ridiculing the so-called Chicken Littles on the list who are 
> supposedly claiming the sky is falling by discussing Pentax's financial 
> condition in comparison with the industry...
>
> Well, guess what? The sky IS falling.  Two or more years ago those taunts 
> were voiced when Herb (who has in depth knowledge of the camera industry 
> financials), Rob Studdert, and myself were discussing Pentax's future.  At 
> that time we suggested the outlook wasn't good and if things didn't change, 
> Pentax was possibly headed the same way as companies like Contax, Ricoh, or 
> Minolta. We suggested that they good possibly either cease to exist or that 
> they may be acquired or taken over.  None of us knew what was going to 
> happen and none of us outright predicted what would happen. There was no 
> prescience.
>
> So a scenario quite similar to what we were talking about two years ago is 
> now taking place, has been in progress for the last 6 months or so, and is 
> in the front page Japanese financial news.  And what's happening? There's 
> still folks on this list that are spouting the same "Chicken Little", "Sky 
> is falling" rhetoric as they were two years ago (hoping to sqaush 
> discussion) before Pentax penned a deal with Samsung, and before rumors and 
> news of a Hoya/Pentax merger.
>
> I rest my case.
>
> Tom C.
>
>
>
>   


-- 
All dogs have four legs; my cat has four legs. Therefore, my cat is a dog.


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