In a message dated 5/9/2007 10:55:12 P.M.  Pacific Daylight Time, 
[EMAIL PROTECTED] writes:
There is nothing  underhanded or illegal about what they are proposing.
If they own the  building and wish to liquidate it that's their
business, it's irrelevant to  the Hoya merger deal.

-- 
Rob Studdert

==========
And sorry  if you think I am stupid or something, but I don't remember 
reading on list the  suggestion that they have a buyer already lined up. 
Because it 
is only a clever  move is a buyer IS already lined up. Otherwise it's a pretty 
dumb move, unless  they are doing it to reduce debit and also plan to lay off 
people. 

But  if they are selling the building just to raise money, with a buyer in 
hand  already then no one has to move out of the building. And after the Hoya 
deadline  is over, Pentax can buy back the building. With stock concessions to 
whoever  bought it.

Marnie   Well, this sort of thing makes my brain  hurt, anyway.  :-)

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