Right, but let's not demonize Sparx. As a major investor they have every right to voice their opinions and let their wishes be known.
What's more, the fact that Pentax was by all accounts ammenable to the merger up until the last minute, would tend to indicate that Pentax also thought it represented the "highest potential for profit ". Tom C. >From: "P. J. Alling" <[EMAIL PROTECTED]> >Reply-To: Pentax-Discuss Mail List <[email protected]> >To: Pentax-Discuss Mail List <[email protected]> >Subject: Re: Pentax Update >Date: Mon, 16 Apr 2007 16:52:52 -0400 > >Either way Sparx cares not for Pentax's long term viability. Sparx's >analysis is that the highest potential for profit for Sparx comes if >Hoya buys Pentax. Weather that's good for Pentax or Hoya, their >employees, customers or other stock holders isn't Sparx's concern. Any >analysis that Sparx makes public, or statements, press releases, etc., >about shareholder value will be colored by that POV. > >Fernando Terrazzino wrote: > > >From the sparx group website: > > "In practice, SPARX's investment process is a skill-based approach > > identifying a catalyst to narrow the "value gap" that exists between a > > company's intrinsic value and its stock price. We believe that this > > disciplined method minimizes downside risks and maximizes the > > potential returns to consistently generate exceptional long-term > > investment results." > > > > Short version: buy an undervalued company and as soon as someone > > realizes that is worth more sell it. > > > > I don't think it shows no market disconnection, no analysis in the > > long term, just shows a fund company that playing by the rules is > > making quick money, that's it. > > > > On 4/16/07, P. J. Alling <[EMAIL PROTECTED]> wrote: > > > >> Or we see an investment company trying to maximize it's short term > >> investments. > >> > >> Tom C wrote: > >> > >>>> I expect Pentax is pretty close to being able to tell Sparx to take a > >>>> flying > >>>> f#ck at the moon anyway. > >>>> > >>>> William Robb > >>>> > >>>> > >>>> > >>> Why? Sparx is the major shareholder and therefore owns more of Pentax >than > >>> any other single entity. > >>> > >>> What all this shows to me is that there is a marked disconnect between > >>> Pentax's popularity surge with the K10D/K100D, as good as that may be, >and > >>> their profitability and long term viability in a competitive >marketplace. > >>> > >>> Tom C. > >>> > >>> > >>> > >>> > >>> > >> -- > >> Entropy Seminar: The results of a five yeer studee ntu the sekend lw uf >thurmodynamiks aand itz inevibl fxt hon shewb rt nslpn raq liot. > >> > >> > >> -- > >> PDML Pentax-Discuss Mail List > >> [email protected] > >> http://pdml.net/mailman/listinfo/pdml_pdml.net > >> > >> > > > > > > >-- >Entropy Seminar: The results of a five yeer studee ntu the sekend lw uf >thurmodynamiks aand itz inevibl fxt hon shewb rt nslpn raq liot. > > >-- >PDML Pentax-Discuss Mail List >[email protected] >http://pdml.net/mailman/listinfo/pdml_pdml.net -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net
