Buying back your stock is seen as a healthy move by most long term investors. And it generally results in an increase in share value. Paul On May 10, 2007, at 12:37 AM, [EMAIL PROTECTED] wrote:
> 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 -- PDML Pentax-Discuss Mail List PDML@pdml.net http://pdml.net/mailman/listinfo/pdml_pdml.net
