It's a big deal in Japan, if Pentax declines, and Hoya mounts a hostile 
takeover it will be a first for Japan, or so it's been reported.  The 
Japanese are very polite and to not find agreement is just too uncivilized.

Gonz wrote:
> I dont know why Pentax does not just take a poison pill if it does not
> want to be acquired by Hoya.  I.e. take on alot of debt and buy back
> tons of its stock.  Isnt that what american companies do with some
> hostile takeovers?  Maybe its not an option in Japan?
>
> rg
>
>
> On 5/21/07, [EMAIL PROTECTED] <[EMAIL PROTECTED]> wrote:
>   
>> In a message dated 5/21/2007 11:57:51 A.M.  Pacific Daylight Time,
>> [EMAIL PROTECTED] writes:
>> Personally I don't think  Pentax is going down the drain in the immediate
>> future (6 months - 1  year).  On the other hand, I have no idea how long of a
>> future they  have.  Hoya may take the camera division under their wing, and
>> then if  they're not successful enough, spin them off or sell them.  There's
>> an  infinite number of scenarios that could occur.
>>
>> Tom  C.
>>
>> ========
>> Yes, while I hate to agree with you, I do. :-) At least re  infinite
>> scenarios.
>>
>> I think Pentaxes DSLRs have been too successful  recently for I think Hoya
>> just to trash them. Also the recent news is that  Pentax is going for a
>> subsidiary deal with independent management. But that  doesn't mean that 
>> down the
>> road, if the cameras start losing money, that Hoya  won't cut them out then.
>>
>> OTOH, maybe Hoya will pour some serious money  into Pentax R&D and marketing
>> and beef them up. With earlier lens releases  (or on time lens releases) and
>> some new DSLRs, well... with enough money  invested Pentax could actually
>> become a player.
>>
>> But it's still too hard  to predict anything right now. The deal is not even
>> finalized.
>>
>> I just  hope that Hoya is smart enough to realize the second scenario I gave
>> above is as  likely as the first.
>>
>> Marnie aka Doe
>>
>>
>>
>>
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>>
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>>     
>
>   


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