If they buy back more of their stock, Sparxx will be left with a larger percentage of the total that remains.
I doubt if that is what Pentax wants. John On Thu, 10 May 2007 11:15:17 +0100, Paul Stenquist <[EMAIL PROTECTED]> wrote: > 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 >> [email protected] >> http://pdml.net/mailman/listinfo/pdml_pdml.net > > -- Using Opera's revolutionary e-mail client: http://www.opera.com/m2/ -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net
