Originally posted by codiac2600 Hmm I don't understand... Hoya announced 3 times in public announcements that Pentax was going to be a money driving force in the company and that they were giving money to make sure this would happen. The media and people like yourself made the Hoya merger bad because you said it was. Pentax and Hoya said ti multiple times that everything is great and expect new things, check Ned's blog and research bloomberg.com yourself. Another idiotic statement without proper research.
Yes, Pentax was secure BUT it was far from certain that cameras (at least consumer versions) would survive. In some respects the merger was always set up to keep this little division "at arms length".
Hoya/Pentax themselves fueled these rumors as is shown by statements like this
Vague news at Nikkei.co.jp in Japan speculates that ongoing negotiations have been very difficult despite everyone's best efforts for a friendly union and that some people at Pentax are displeased with the agendas proposed to Pentax's board for future operations, perhaps related to Hoya's stated indifference to Pentax's camera division, which is less lucrative than their medical and high end optical equipment manufacturing.
This FUD was constantly alluded to and even a spokesperson for Hoya, addressing the shareholders< seemed to take a basic "we'll see" attitude. Paranoia re: Hoya and consumer cameras had a large basis in reality AFAIKT.
AND it went on and on................and on
When Hoya’s CEO said a few months ago at Hoya’s briefing that Hoya might sell out Pentax’s camera division to a third party, Pentax employees showed a huge unsatisfactory voice to the idea.
However, Nikkei reports that Pentax CEO, Mr. Urano, agrees with the TOB.
.........................
Citing increased pressure from Asian and home electronics manufacturers, Hoya Pentax’s newly formed imaging division “will differentiate its offerings by specializing in high-value added products with unique technology and will focus on areas where it has a competitive edge. This area will be positioned as a foundation for development of new optical-related equipment and is expected to diversify into the life care and security business areas” the companies said in a statement.
There was no immediate word on what impact, if any, would be felt on Pentax’s U.S. camera business.
The merger was described as among the biggest in the precision equipment industry since the tie up of Konica and Minolta, which resulted in both firms pulling out of the U.S. camera business.
I think hoya was pleasently surprised by the camera division. It helped a bit that the medical division took a hit. Got to pay the bills...............
Originally posted by codiac2600
Oh, soft Jpegs... at least they are sharper than 5D jpegs. Still don't get you there and the only reviewers who said that are biased reviewers like these dumb american mags that every other page is a stupid newbie d40x ad and another rebel image. Many reviewers said the jpegs were awesome in their film-like quality and printed amazingly. Why doesn't Canon fix their aliasing problems that reviewrs talk about with their Jpegs? Oh, right, people can adjust the level of sharpening on Canons and typically do so.
The type of sharpening was definitely different and, unfortunately was not ever looked at in the light of the whole image. Resolution was king but the edges appearred softer. Give and take.[/QUOTE]
As from an earlier post of mine:
Two phases lined up for Pentax turn-around:
> We see two phases to Pentax’s contribution. The first will be in the initial one to two years, where profit growth is driven by an operational review of existing businesses that brings Pentax products up to their rightful levels of profitability. The second will come in the third and fourth years, when we expect sales and profits to grow in the healthcare business, centering on endoscopes, as well as in optical components.
I see no mention of cameras in this and it actually sticks to HOYA's initial feelings of the merger.
Pentax has learned and they have new firmware due for the K10D that was specifically for the K20D. You will see much sharper Jpegs out of camera, but they will still leave the film-like look as the base setting I believe and who cares, it's a friggin setting! Who buys an electronic goody and does not play with the settings to get it the way they like? Stupid reviewers like Phil Askey who open the box, test the camera, and post biased opinions. He finally made good with the E-510 because he hated Olympus 4/3 cameras and now he likes them because he got to play with it for more than a day or two, actually a month.
Originally posted by codiac2600 Pentax is Pentax and now with Hoya we shall hopefully do things a little differently. Oh thats right, Hoya said that Pentax will do things differently, but you knew that right?
All that I care that Hoya does is to fund them and get out of the way.
Last edited by jeffkrol; 01-08-2008 at 07:17 PM.