the CIPA actual total matched pretty closely with forecast for year-end 2004. Canon and Nikon were only a few percent off. businesses who forecast too far wrong consistently don't get trusted anymore and that shows up as volatility in their share prices. companies are rewarded for consistently meeting guidance with no positive or negative surprises by having stable share prices.

Herb....
----- Original Message ----- From: "K.Takeshita" <[EMAIL PROTECTED]>
To: "Pentax Discuss" <pentax-discuss@pdml.net>
Sent: Wednesday, July 20, 2005 10:19 PM
Subject: Re: Pentax Profits Fall 42%


The only figures I trust are the data published every month by CIPA of
Japan.  It breaks down by PS, DSLR, pixel numbers, manufactured vs.
delivered, domestic vs. export etc etc right down to the last unit both by
the number of units and the value.  It tells a lot of things.
You said your figures are "forecast", but those figures apparently overly
inflated (N/C particularly), and do not match with the 'actual" figure.


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