In a message dated 5/9/2007 8:28:53 P.M. Pacific Daylight Time, [EMAIL PROTECTED] writes: This thought may have been offered as I've only looked at a few of these posts. It may be that Pentax is taking the same route as many have and that's selling certain assets to generate cash in order to control more of their stock, thereby hoping to fend off a hostile buy out, in this case, by Hoya.(??)
Jack ========== Well, that's possible. But, if so, it's a real desperation move. It would mean they are seriously pressed and this may not come out the way people would like. I think it much more likely they are decreasing debit to be more profitable. There are to ways to affect the bottom line: 1. sell more 2. decrease debit. I would like to think they are that rather than being so desperate to buy more stock and the only raise the money to buy more stock is by selling HQ. On the decreasing debit side, selling HQ would imply laying off a serious amount of middle management and other things along those lines. But I don't quite understand the rules of the merger with Hoya, evidentially they can't seek out outside investment during that time period. So I suppose it is possible. But that type of move would not appeal to current investors. Decreasing debit would. It might make current investors, in fact, abandon ship. Which would not be a good thing. Marnie --------------------------------------------- Warning: I am now filtering my email, so you may be censored. ************************************** See what's free at http://www.aol.com. -- PDML Pentax-Discuss Mail List PDML@pdml.net http://pdml.net/mailman/listinfo/pdml_pdml.net
