Kodak bankruptcy report

[Paul Markham]

Kodak bankruptcy report

ROCHESTER, New York - An uncomfortable suspicion that an icon of American business may have no future pushed investors to dump stock in Eastman Kodak Co. Wednesday.

The ailing photography pioneer's shares fell to a new all-time low after the Wall Street Journal reported that Kodak is preparing for a bankruptcy filing "in the coming weeks" should it fail to sell a trove of 1,100 digital-imaging patents.

[porno jew]

adapt or die seems appropriate.

[WebCashMaker]

Always been a Canon man.

[Paul Markham]

Originally Posted by porno jew

adapt or die seems appropriate.

They were the first out with a digital camera. Just never pushed it.

Getting Kodachrome processed in the UK, for what we did, was a nightmare. They had their own rules.

[seeandsee]

canon is my choice too, kodak is of game

[lagcam]

I don't feel to comment now, I will wait and see what develops....

[ArsewithClass]

The majority of photo print shops are Kodak in the UK also

[BIGTYMER]

Nikon is my choice but I love those little HD Kodak video cameras.

[SimonScans]

Originally Posted by Paul Markham

They were the first out with a digital camera. Just never pushed it.

Getting Kodachrome processed in the UK, for what we did, was a nightmare. They had their own rules.

Yup, and then they moved the lab to France. Ok, so it was usually overnight as promised, but often it wasn't. Once it was late it was any random number greater than 1 days late. No one ever had a clue in the UK and certainly you couldn't speak to anyone in France, you just had to suck it up and wait.

Kodak lost the plot years ago, I didn't really shoot Kodachrome but did use Ektachrome until Fuji came along with a product that had the same batch code for the first 4 years. Which meant zero colour shift from roll to roll. Which saved me a fortune in film. With Kodak you might have 40 rolls in a fridge and have a job requiring 40 rolls but that didn't mean you could use that film. In reality you had to buy a fresh bunch of 40 all with the same batch code, because no way could you risk mixing batches with Kodak.

I also used to use a Kodak lith film for making photographic prints, which in effect was a cross processing - loads of people did it - and Kodak finally caught on that it was getting used lots but didn't bother to find out by who, so when they "improved" this now popular paper, they broke it because it stopped doing the trick we actually liked it for.

[adultchatpay]

Sad story but shit happens. Facebook, ipod, will get into this scene too. Maybe in 100 more years though.

[cooldude7]

Sad story but shit happens

[AnalProbe]

Actually I am bidding on a few of their patents

[Sunny Day]

I have 18,000 shares of Enron I'd gladly sell.
One of my 'smarter' investments.

[Redrob]

Solid name known around the world for quality.

[pornguy]

First thing they should have done is restructure the outgoing money for them company before filing Chapter 11 or what ever.

I bet not the CEO COO or anyone in the company with initials took a paycut to stop this from happening. They just sat back got paid and now will have to lay off a couple K low lever employees. Unless they fold entirely.

[billywatson]

If there's one certain thing in life, it's change.

[2MuchMark]

Sad day for the Kod'.

[MaDalton]

Kodak and AGFA both missed the train to digital age, for Kodak it just took a little longer

[candyflip]

Originally Posted by Paul Markham

Kodak bankruptcy report

I can see this building from my house.

I still have family and friends who work at Kodak. We've seen this coming for a long time, but it's still going to hurt us locally.

[brassmonkey]

they didnt keep up with change R.I.P.

[djroof]

this is bad for a historic company...

[Chosen]

It sucks I guess...

[crockett]

Don't worry Chinese or Japanese investors will buy it out and continue to run it, probably making a profit.

[a.miles]

it was foreseeable
I shorted EK in the summer when in went up to ~3$

[brassmonkey]

Originally Posted by crockett

Don't worry Chinese or Japanese investors will buy it out and continue to run it, probably making a profit.

one thing tho if they buy it will be re done from the ground up i bet

[crockett]

Originally Posted by brassmonkey

one thing tho if they buy it will be re done from the ground up i bet

Of course, the fat would be trimmed and it would be turned to a profitable company. They sell a lot of products people want and have a market place as well as a world wide known brand. Someone (investors or a competitor will certainly buy them up before they actually shut their doors.

I'd be really surprised if they actually shut their doors.

[Paul Markham]

Originally Posted by crockett

Don't worry Chinese or Japanese investors will buy it out and continue to run it, probably making a profit.

Or Acacia to get their hands on the patents.

Once we moved here we dealt with Switzerland. They would clip a few rolls of every set, make an adjustment if needed and send the parcel back by courier. Never any questions asked about the content, we only went to BG.

Fuck the guys at Wimbledon. They were a pain in the ass, they never separated our work so if some Muslim or Indian women didn't like it, they held it back. Sometimes confiscating pictures. Dealing with head office in Hemel Hempstead was like talking to the wall.