It's an editorial, where you can make up facts, and imagine any motives 
that you want.  It's also only one individuals opinion.   I think that 
the Pentax Board probably knows better what's going to happen to their 
company than any of us do.  They may well be thinking of the stock 
holders...

Tom C wrote:
> It's still accountable to it's shareholders and if the majority of them 
> don't want to go that route it's hard to buck them off your back.
>
> The whole thing is a fiasco.  It was Pentax's former President (who is 
> credited, justly or unjustly, with bringing the camera division back to 
> profitability) that saw the benefits of a merger.  It was their new 
> management that backed out, then threw tantrums, blew smoke with profit and 
> volume proclamations that the industry viewed as unattainable, and now has 
> slinked back to the table.
>
> According to Japanese reports it was an internal management feud that 
> brought this about.
>
> http://www.yomiuri.co.jp/dy/editorial/20070522TDY04005.htm
>
> Tom C.
>
>   
>> From: Gonz <[EMAIL PROTECTED]>
>> Reply-To: Pentax-Discuss Mail List <[email protected]>
>> To: "Pentax-Discuss Mail List" <[email protected]>
>> Subject: Re: Don't want to sound too alarmist but...
>> Date: Tue, 22 May 2007 12:52:37 -0500
>>
>> I dont know why Pentax does not just take a poison pill if it does not
>> want to be acquired by Hoya.  I.e. take on alot of debt and buy back
>> tons of its stock.  Isnt that what american companies do with some
>> hostile takeovers?  Maybe its not an option in Japan?
>>
>> rg
>>
>>
>> On 5/21/07, [EMAIL PROTECTED] <[EMAIL PROTECTED]> wrote:
>>     
>>> In a message dated 5/21/2007 11:57:51 A.M.  Pacific Daylight Time,
>>> [EMAIL PROTECTED] writes:
>>> Personally I don't think  Pentax is going down the drain in the 
>>>       
>> immediate
>>     
>>> future (6 months - 1  year).  On the other hand, I have no idea how long 
>>>       
>> of a
>>     
>>> future they  have.  Hoya may take the camera division under their wing, 
>>>       
>> and
>>     
>>> then if  they're not successful enough, spin them off or sell them.  
>>>       
>> There's
>>     
>>> an  infinite number of scenarios that could occur.
>>>
>>> Tom  C.
>>>
>>> ========
>>> Yes, while I hate to agree with you, I do. :-) At least re  infinite
>>> scenarios.
>>>
>>> I think Pentaxes DSLRs have been too successful  recently for I think 
>>>       
>> Hoya
>>     
>>> just to trash them. Also the recent news is that  Pentax is going for a
>>> subsidiary deal with independent management. But that  doesn't mean that 
>>>       
>> down the
>>     
>>> road, if the cameras start losing money, that Hoya  won't cut them out 
>>>       
>> then.
>>     
>>> OTOH, maybe Hoya will pour some serious money  into Pentax R&D and 
>>>       
>> marketing
>>     
>>> and beef them up. With earlier lens releases  (or on time lens releases) 
>>>       
>> and
>>     
>>> some new DSLRs, well... with enough money  invested Pentax could 
>>>       
>> actually
>>     
>>> become a player.
>>>
>>> But it's still too hard  to predict anything right now. The deal is not 
>>>       
>> even
>>     
>>> finalized.
>>>
>>> I just  hope that Hoya is smart enough to realize the second scenario I 
>>>       
>> gave
>>     
>>> above is as  likely as the first.
>>>
>>> Marnie aka Doe
>>>
>>>
>>>
>>>
>>> ************************************** See what's free at 
>>>       
>> http://www.aol.com.
>>     
>>> --
>>> PDML Pentax-Discuss Mail List
>>> [email protected]
>>> http://pdml.net/mailman/listinfo/pdml_pdml.net
>>>
>>>       
>> --
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>>     
>
>
>
>   


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