Re: Pentax Stock Sale

2005-12-18 Thread John Forbes
People seldom makes investments with the intention of losing money. And people seldom make investments of a reasonable size without doing a little research first. What is also interesting is that the value of Pentax's shares has doubled in the last six months. Somebody should tell the

Re: Pentax Stock Sale

2005-12-18 Thread Shel Belinkoff
Haven't heard from Herb Chong in quite a while Shel ... [Original Message] From: John Forbes What is also interesting is that the value of Pentax's shares has doubled in the last six months. Somebody should tell the prophets of doom.

Re: Pentax Stock Sale

2005-12-18 Thread Pål Jensen
- Original Message - From: Joseph Tainter [EMAIL PROTECTED] http://forums.dpreview.com/forums/read.asp?forum=1036message=16312496 Maybe someone who knows more about corporate stuff can than I do can tell us what this means. It does mean what it says - somebody thinks Pentax

Re: Pentax Stock Sale

2005-12-18 Thread Paul Stenquist
Herb will eventually explain why this sale is an obvious indication of Pentax' imminent demise. Doom and darkness are upon us! Paul On Dec 18, 2005, at 8:16 AM, Shel Belinkoff wrote: Haven't heard from Herb Chong in quite a while Shel ... [Original Message] From: John

Re: Pentax Stock Sale

2005-12-18 Thread Mark Roberts
John Forbes [EMAIL PROTECTED] wrote: People seldom makes investments with the intention of losing money. And people seldom make investments of a reasonable size without doing a little research first. What is also interesting is that the value of Pentax's shares has doubled in the last six

Re: Pentax Stock Sale

2005-12-18 Thread DagT
Den 18. des. 2005 kl. 15.39 skrev Mark Roberts: John Forbes [EMAIL PROTECTED] wrote: People seldom makes investments with the intention of losing money. And people seldom make investments of a reasonable size without doing a little research first. What is also interesting is that the

Re: Pentax Stock Sale

2005-12-18 Thread Scott Loveless
On 12/18/05, Shel Belinkoff [EMAIL PROTECTED] wrote: Haven't heard from Herb Chong in quite a while I'll give it a go. g SPARX is buying 20% of Pentax to get a board seat, from which it will influence the complete sale of Pentax to Samsung. Once the acquisition is complete, SPARX will

Re: Pentax Stock Sale

2005-12-18 Thread graywolf
Buying big chunks of existing stock does not help the company much. Buying a new issue provides them with working funds. 20%+ of existing stock looks like the start of a hostile takeover. Of course it could just be that they see Pentax as a good investment right now. graywolf

Re: Pentax Stock Sale

2005-12-18 Thread John Forbes
I quite agree, but a higher stock price allows a company to borrow money more cheaply; it makes it more difficult to take over, and it's a sign of confidence. JOhn On Sun, 18 Dec 2005 19:53:55 -, graywolf [EMAIL PROTECTED] wrote: Buying big chunks of existing stock does not help the

Re: Pentax Stock Sale

2005-12-18 Thread Rob Studdert
On 18 Dec 2005 at 21:15, John Forbes wrote: I quite agree, but a higher stock price allows a company to borrow money more cheaply; it makes it more difficult to take over, and it's a sign of confidence. Was the negotiated stock price above or below the trading price they had been trading

Re: Pentax Stock Sale

2005-12-18 Thread John Forbes
I didn't see any mention of the price. John On Sun, 18 Dec 2005 22:44:31 -, Rob Studdert [EMAIL PROTECTED] wrote: On 18 Dec 2005 at 21:15, John Forbes wrote: I quite agree, but a higher stock price allows a company to borrow money more cheaply; it makes it more difficult to take

Pentax Stock Sale

2005-12-17 Thread Joseph Tainter
http://forums.dpreview.com/forums/read.asp?forum=1036message=16312496 Maybe someone who knows more about corporate stuff can than I do can tell us what this means. Joe

Re: Pentax Stock Sale

2005-12-17 Thread Tom Reese
http://forums.dpreview.com/forums/read.asp?forum=1036message=16312496 Maybe someone who knows more about corporate stuff can than I do can tell us what this means. What I've learned about corporate stuff is that there are a hell of a lot of liars in corporations. I do know that the stock

Re: Pentax Stock Sale

2005-12-17 Thread Bob Sullivan
Joe, Most corporations that have somebody else buy 20% of their stock start looking over their shoulders at what the investor has in mind. Are they buying to force the company to split up or merge with another corporation? But I know nothing about Japanese corporate culture... Regards, Bob S.

Re: Pentax Stock Sale

2005-12-17 Thread Mark Erickson
Sometimes purchases like this are a good thing. For example, the Texas Pacific Group, a private investment firm, purchased a large stake in Ducati back in 1996. Ducati used the money as working capital and TPG got them to tighten up their operation, improve their quality control, and get back on