Archived posting to the Leica Users Group, 2003/10/27

[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]

Subject: Re: [Leica] Kodak Film and Digital: "Kodak's plans spur (investor) rebellion"
From: studio52@fastmail.fm
Date: Mon, 27 Oct 2003 10:12:39 -0500

I remember reading—somewhere—that Kodak owned more digital patents than  
any 'one' company. I suppose the topic of this thread and it's numerous  
predecessors is fear...jf

On Monday, October 27, 2003, at 09:17  AM, B. D. Colen wrote:

> On one hand, we have of course learned over these past three years or  
> so
> just how honest and far-sighted institutional investors have proven to
> be. Was Providence one of the countless such groups investing in
> internet ventures where there was no product, no real plan to have a
> product, and no prospect that any vaguely intelligent three-year-old
> could see of such ventures ever making profits?
>
> On the other hand, digital photo will indeed be highly competitive, and
> it may well be too late for Kodak to jump in and do anywhere near as
> well as its investors would like it to do. However, that doesn't mean
> that the company's leadership isn't correct in believing that while
> there is still money to be made in film, film will no longer be able to
> sustain the kind of giant it allowed Kodak to become.
>
> B. D.
>
> -----Original Message-----
> From: owner-leica-users@mejac.palo-alto.ca.us
> [mailto:owner-leica-users@mejac.palo-alto.ca.us] On Behalf Of Tim
> Atherton
> Sent: Sunday, October 26, 2003 11:20 PM
> To: leica-users@mejac.palo-alto.ca.us
> Subject: [Leica] Kodak Film and Digital: "Kodak's plans spur (investor)
> rebellion"
>
>
> "ROCHESTER, N.Y. - Eastman Kodak Co.'s decision to bet its future on
> digital photography has touched off a battle with a potent group of
> dissident investors. Investors reacted with fury last month when Kodak
> slashed its annual dividend by 72 percent to fund a major shift away
> from its ailing conventional film business and into the fast-growing  
> but
> highly competitive digital arena.
>
> Institutional investors led by Providence Capital Inc. are staging a
> forum today to examine ways of prodding the world's biggest photography
> company to alter its new course...
>
> ...Citing doubts about the potential profits in digital imaging  
> compared
> to conventional photography, Standard & Poor's Ratings Services and
> Moody's Investors Service downgraded Kodak's credit rating last month  
> to
> BBB-minus, one notch above "junk" level... more"
>
>
>
> http://denverpost.com/Stories/ 
> 0,1413,36%7E33%7E1714108,00.html?search=fi
> lter
>
> --
> To unsubscribe, see http://mejac.palo-alto.ca.us/leica-users/unsub.html
>
> --
> To unsubscribe, see http://mejac.palo-alto.ca.us/leica-users/unsub.html

- --
To unsubscribe, see http://mejac.palo-alto.ca.us/leica-users/unsub.html