Originally posted by AGWoodard Here's what you don't get, because you are too wrapped up in your Goody Two Shoes Pollyanna "Richo has a Plan for You" BS.
Huh. Guess they just dropped $115MM in Hoya's bank account because they
really like the K-mount. Profit doesn't matter. Growth doesn't matter. Jobs in the USA don't matter. Ricoh are just a bunch of greedy, dumb Japanese capitalists who don't know business from a mud slide.
Tell ya what. You get your Private Equity guys together and I'll get mine and we'll buy Pentax Ricoh Imaging for, let's say $100MM. Then we'll lower the prices back where they were and see what happens.
Of course, we'll have to arrange capital calls over the next 5 years for the R&D, inventory expense for all the new products, oh and all that new manufacturing space and marketing, expense - well, everything to bring Pentax back. Because there won't be any cash flow from existing business - Ricoh just killed that.
Yeah, that's the ticket.
Nah. Ricoh doesn't have a plan.