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#31
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End of an Era
"jeremy" wrote:
Typically, the stronger company buys up the weaker one's resources and then sells off the parts that do not fit What if Hoya were to sell off the camera unit to Samsung? Sadly, that seems the most likely future scenario :^( -- Anti-Spam address: my last name at his dot com Charles Gillen -- Reston, Virginia, USA |
#32
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HOYA SWALLOWS PENTAX !
Let's just cross our fingers and hope that the influx of capital is what Pentax needed to move as fast as they need to in today's DSLR market. I hope you're right, but I think you're not. Now that Pentax has virtually admitted that they are on the skids, who will commit to buying DSLR systems from them, especially the medium format line? Will pros gamble on a brand that may not be here after a couple of bad quarterly-sales figures? Will consumers commit to relatively big ticket purchases of lenses for a camera that might disappear off retailers' shelves within a year? Will retailers order large numbers of cameras and lenses for sale, with no way to predict whether they will sell? The confidence factor has been lost. It is one thing to buy a P&S, that requires no additional accessory purchases and is disposable. But who will commit to buying into a system that may end up having only salvage value? I agree, as a very new K100 owner, I'm afraid of this (I posted on rec.photo.digital but no one cares). Because the K100 is cheap and exactly fitting my needs with the 2 zoom kits, I'll not send it back to the distributor although I could have my money back. I'll not buy other accessories because I don't want to anyway, and if pentax is ending the cameras and my K100 falls brocken in 2-3 years, I'll buy a second hand K10... but I wont spend lot of money in a complete pentax DSLR system. it's too risky. |
#33
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HOYA SWALLOWS PENTAX !
"map" wrote:
I agree, as a very new K100 owner, I'm afraid of this (I posted on rec.photo.digital but no one cares). Because the K100 is cheap and exactly fitting my needs with the 2 zoom kits, I'll not send it back to the distributor although I could have my money back. I'll not buy other accessories because I don't want to anyway, and if pentax is ending the cameras and my K100 falls brocken in 2-3 years, I'll buy a second hand K10... but I wont spend lot of money in a complete pentax DSLR system. it's too risky. Pentax is a highly profitable company, and this merger with Hoya means that there will be more financial resources for Pentax's ambitious future plans. It is a merger of two financially strong corporations, both of which are known for innovation and investment in new products. There was already a very strong co-operation between Tokina (part of Hoya Corporation) and Pentax, because Tokina have co-developed many of Pentax's new DA lenses. No doubt Tokina liked what they saw. The Pentax K10D is the top selling DSLR in Japan, and orders in Europe have been several times higher than Pentax expected. The new DA zoom lenses, co-developed with Tokina, will be launched within weeks. The future of Pentax has never been as bright as it is now. So hang in there! Be happy that you made such a good choice! ;-) |
#34
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HOYA SWALLOWS PENTAX !
"map" wrote in message
... I'll not buy other accessories because I don't want to anyway, and if pentax is ending the cameras and my K100 falls brocken in 2-3 years, I'll buy a second hand K10... but I wont spend lot of money in a complete pentax DSLR system. it's too risky. Precisely my point. The uncertainty factor is bound to create fallout, in terms of lost sales to consumers that are not inclined to buy into a dying product line. There is simply no way to know what Hoya will do with Pentax, but it is a virtual certainty that there will be changes in the product line. Had Hoya wanted to , it could have simply bough Pentax and held it as a wholly-owned subsidiary, with its own president, management team and directors. Hoya would have been the sole stockholder. But we see that Hoya is folding Pentax into itself. While no one has a crystal ball, it is difficult to believe that this merger will be unlike so many of the others, where the weaker company's assets are picked off and the rest is sold or withdrawn from production. I remember reading not too long ago that some of Pentax's major investors were unhappy with its digital offerings and were pressing Pentax to stick with film cameras, where it had a competitive edge and brand recognition. Frankly, Pentax's former glory can't help if no one is buying film cameras anymore. Even Leica had to enter the digital market, its longstanding reputation for quality notwithstanding. Even though all of this saddens me, it really should come as no surprise. Advances in technology are coming at a rapid-fire pace these days, and some technology is killing off what were formerly established products and services. Look at what happened when U.S. Sprint began building a fiber-optic ling distance network in the US, 25 years ago. AT&T had a vast network of copper wire long distance trunks, and they had to replace all of it in order to remain competitive. Then came the Internet and there was no longer a market for long distance billed by the minute. I get free long distance on evenings and weekends from my cellular carrier and I have a flat-rate $25.00 per month for unlimited calls to the US and Canada from Verizon's VoIP offering, VoiceWing. It wasn't too long ago that I was billed $.50/minute when I phoned friends in Canada from the US. Skype just announced a flat rate for unlimited calls of only $15.00 PER YEAR. Remember Telex? When I worked for a Fortune 500 firm in Philadelphia we had our own teletype room, and could send telegrams and telexes at what was then a reduced rate of something like $4.00 per message, because we had the teleprinter in our office and did not require a messenger to dispatch our messages to us. Tower Records went bankrupt, due mainly to competition from music downloading, and they just closed their store in Center City Philadelphia 2 days ago. Who would have imagined that a record chain would fail because people could get their music over broadband? AT&T was on the verge of collapse, and was sold for pennies on the dollar just a few months ago. This was the company whose stock dividends used to be so certain that it was THE primary choice for "Widows and Orphans" funds. Lucent Technologies, the former child of the Bell System that made phones, PBXes and switchboards, had to merge with Alcatel (a French company) to stay alive. So should we get ourselves all crazed up over what appears to be Pentax's survival scheme? Everywhere there are shakeouts, and we've witnessed plenty over the past couple of years in the camera business. Bronica gone. Not sold--but GONE. Contax gone. Minolta sold, then gone. Hasselblad sold and no longer manufacturing the equipment that they were known for for a half century, replaced by digital. Lenses made by Fuji, not Zeiss. I am not optimistic about Pentax. Neither do I have high hopes for used camera dealers' ability to remain viable, because there is little coming into the pipeline that is worth buying. It is one thing to sell, and resell, a Rolleiflex TLR. But who is buying 5-year-old digital cameras that sold for $5000 and now have been replaced with equipment that is 10 times better and sells for 1/10 the price? "Camera stores" are no longer a fixture in every decent-sized town in America. Some will embrace the new ways and say "Good riddance" to all that used junk. It matters little which side of the argument you come down on, because in another 15 years no one will remember any of this, just like today's college-aged kids have no memories of buying LPs or 45 RPM records. |
#35
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End of an Era
Guess I'm just lucky -- decided that Nikon D50 was better for long term than Pentax k100D. At least the Nikon name is still there today (and doing pretty well in sales, too). So my purchase of the D50 just a week ago is even more satisfying. Joe |
#36
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End of an Era
jeremy wrote:
I can't think offhand of any major company that was helped in its financial woes by being merged into a bigger, better-capitalized company. Really? How about Nikon when it was bought by Mitsubishi? -- Mark Roberts Photography & Multimedia www.robertstech.com 412-687-2835 |
#37
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End of an Era
Bob Hickey wrote:
"Pudentame" wrote in message ... OTOH, my own experience indicates a smaller, more nimble vehicle allows the driver avoid accidents he might not be able to avoid in a larger, heavier, less maneuverable automobile. That's the whole problem right there. Avoid, nimble, maneuverable? That's a joke, right? I'd be happy to see "awake". I'd be happy to see "off the phone" I'd be happy to see "make-up already done"..The limit of most peoples driving knowledge is that soon after an accident, something will blow up right in their face to save them. Mostly, after the crumple zone is done crumpling; said air bag is much closer to the victim. Bob Hickey Don't wear makeup; only use the cell phone after I've pulled off on the shoulder to rat some a**hole b*&tard out ... I generally try to anticipate what's going to happen ahead by the time I get there, e.g. if everyone a mile or more down has their foot on the brake, mine comes off the accelerator to start opening my stopping distance *and* to give me room if I have to go off onto the shoulder to let the idiot behind me rear-end the idiot in front of me. I don't weave in and out of traffic, generally choosing the lane I'm going to need to be in at my next major decision point; change lanes when the first sign says lane ends 1 mile ... Know where I'm going *before* I get in the car and turn the key ... .... smaller, more nimble works for me. Mostly. |
#38
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End of an Era
"Mark Roberts" wrote in message ... jeremy wrote: I can't think offhand of any major company that was helped in its financial woes by being merged into a bigger, better-capitalized company. Really? How about Nikon when it was bought by Mitsubishi? -- Mark Roberts Photography & Multimedia www.robertstech.com 412-687-2835 I didn't know that. When was Nikon bought out? |
#39
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End of an Era
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1 jeremy wrote: "Mark Roberts" wrote in message ... jeremy wrote: I can't think offhand of any major company that was helped in its financial woes by being merged into a bigger, better-capitalized company. Really? How about Nikon when it was bought by Mitsubishi? -- Mark Roberts Photography & Multimedia www.robertstech.com 412-687-2835 I didn't know that. When was Nikon bought out? The Nikon situation is a bit different than Pentax/Hoya. But there have been some cooperation between Pextax and Hoya for some time. What the changes will bring remain to be seen. For info on the history of Mitsubishi/Nikon see: http://www.mitsubishielectric.com/about/history.html -----BEGIN PGP SIGNATURE----- Version: GnuPG v1.4.5 (MingW32) Comment: Using GnuPG with Mozilla - http://enigmail.mozdev.org iD8DBQFFjI4Hu4tRirKTPYwRAklbAJ9YbZ1rZGh3i8vXOYzzzk W042BzGQCfYpRw kwuMgBtcEvWTgjVy6IZ+Tz0= =cezd -----END PGP SIGNATURE----- |
#40
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End of an Era
"Starlord" wrote in message ... I have to carry my Telescopes in my car which happens to be a 1974 plmy, and I don't need to smog it either. -- There are those who believe that life here, began out there, far across the universe, with tribes of humans, who may have been the forefathers of the Egyptians, or the Toltechs, or the Mayans. Some believe that they may yet be brothers of man, who even now fight to survive, somewhere beyond the heavens. The Lone Sidewalk Astronomer of Rosamond Telescope Buyers FAQ http://home.inreach.com/starlord Sidewalk Astronomy www.sidewalkastronomy.info The Church of Eternity http://home.inreach.com/starlord/church/Eternity.html "Ken Lucke" wrote in message ... In article , acl wrote: jeremy wrote: mechanical build quality had deteriorated noticably. Just like new cars. Better fuel economy and more amenities, at the expense of less sheet metal and smaller overall size. So, basically, you prefer cars with lots of sheet metal and large size? Damn straight _I_ do. Sheet metal, true internal structure (not just some flimsy suppoorts for the outer skin), and large size. I'd take high strength composite fiber/plastics (NOT fiberglass!) if they ever start making cars with them (oops, sorry, that was an inadvertent cue for RichA to enter the thread with his obsession), but until then, I want METAL around me. The more the better. Ever seen a serious wreck? Ever been in one? From 1979 to 1996, I worked as a professional, full time paramedic (in Portland, OR and other places), and the last 6 years was also a firefighter. I've _seen_ (and sometimes had to scrape up) the difference in outcomes. Sorry, but to hell with fuel economy... with the millions of people on the road in this country who merely know "how to operate a motor vehicle" as opposed to actually knowing how to _drive_ their vehicles (and there is a HUGE difference between those two skillsets), I want a tank around me, if possible. Again, damn straight I prefer a vehicle with some substance to it rather than today's tin cans that a wrinkle in the sheet metal causes major loss of body integrity and strength (literally). -- You need only reflect that one of the best ways to get yourself a reputation as a dangerous citizen these days is to go about repeating the very phrases which our founding fathers used in the struggle for independence. -- Charles A. Beard I see terrible formula I crashes where there is nothing left of the car at all but the cage containing the driver, and yet he steps out of his "cage" and walks away.... so you don't need a "tank" to be safe. I have found that the best way to avoid an accident is to drive around it.....I drove around one several years ago by taking to the center strip..... |
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