Archived posting to the Leica Users Group, 2003/06/18
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Kodak's share price has more to do with their declining paper and chemistry volume with photofinishers. In the eighties some genius MBA convinced Kodak to dump all their small customers to concentrate on the big fish. Ritz and Wal-Mart chose Fuji, Wolf chose Kodak. Wolf went bankrupt and was bought by Ritz. Therefore, almost no retail photofinisher uses Kodak(Eckerd's and Walgreen's are an exception but they have tiny volumes compared to the big two. Also, with the world's largest retailer pushing the green boxes, their film sales are falling faster than the green folks. Their most loyal customers, the professional photographer, are largely digital so few sales there. And, to make the whole matter funny, all the money spent developing digital systems has largely gone down the rat hole. Their consumer digital is number six or seven in volume, their professional backs are also not in the top two. So, I would say that any day is a good day to dump Kodak stock. It is only going lower. 0.02 Don dorysrus@mindspring.com - -- To unsubscribe, see http://mejac.palo-alto.ca.us/leica-users/unsub.html