1-Star Stocks Poised to Plunge: Eastman Kodak?

• Report this Comment On September 04, 2009, at 11:11 AM, newyorkjsw wrote:

  Kodak is still doing quite well in the retail channel, in this bad economy.

  The are #1 in digital frames, #2 in digital cameras, and are now making strong inroads in the highly profitable ink jet market.

  This stock should be more, not LESS!!

  They will be showing a profit again before not very long. It is a US Company that has the possiblity

  if seeing its stock price f l y in the next few years.

  It is a steal at this crazy low price!

• Report this Comment On September 04, 2009, at 8:00 PM, duncanreynaldo wrote:

  "Kodak is doing quite well"????????

  I hope you're not buying this great priced stock with the money from the family farm.

  This is the worst run company still in business.

  Current management is catching most of the grief but it began it's slide into the abyss 40 years ago.

  Too much management inbreeding and arrogance.

  When Kodak's coffers were full, they spent money like drunken sailors.( My apologies to the Navy)

  Absolutely no internal innovation made it to daylight as long as silver halide film was king.

  Some companies make things happen.

  Some companies watch things happen.

  Kodak just wonders what happened.

  It's a company that makes Bernie Madoff's look like a growth company.

• Report this Comment On September 06, 2009, at 10:12 PM, tfirst wrote:

  Uh ...I believe they have a new commercial printer head coming out soon.....

• Report this Comment On September 07, 2009, at 7:23 AM, duncanreynaldo wrote:

  That is truly earth-shattering news.

• Report this Comment On September 07, 2009, at 12:46 PM, SandynBeany wrote:

  For the top managements (all top directors, all top VPs, all top senior VPs and the rest CxOs). I hope time is not running out as well as the CASH left within the company.

  It is not easy to run a losing Graphic division with the cash generated by chopping loyal employees(to please shareholders and save pennies because you all take $$$$$) and by the traditional/digital products.

  Selling patents will not last and yet there arent any new innovative idea, right? Inkjet printers, digital cameras are everywhere and prices are going down, down, down. Where is the profit to keep Kodak afloat or pay all the top salaries and BIG bonuses?

  Nobody knows why the stock went up unless some smart people is speculating before it takes another deep dive.

  Can anybody be able to wait for another year or 2 for the company starts to make some money???? I wont!!!

• Report this Comment On September 10, 2009, at 3:08 PM, cosmostein wrote:

  While Kodak certainly does not have the best management core out there, when it hit 2.10 even I couldn't pass up on it.

  EK is not a 20 dollar per share company,

  but I don't consider 10 to be unreasonable.

  They have a series of profitable divisions, and unlike their film camera competitors did not sit on their hands during the digital era and are among the top three in terms of digital camera sales, and are at the top for the item which will no doubt be a leader in stuff stockings around the world in Digital Picture Frames.

  Their core divisions are directly related to consumer spending, and when consumer spending returns to better levels we will see increased revenue.

  While it may not return to the 70 dollar per share glory days, its just as unlikely to drop back down to 2 bucks with its asset core.

• Report this Comment On September 11, 2009, at 10:21 AM, duncanreynaldo wrote:

  That was the $90 per share glory days.

  Day trading and penny-stock mentality, maybe.

  Investment......never.

  All the King's Horses, all the King's Men.......etc

  This company cannot keep losing money, reorganizing, blaming the economy or the Korean War for it's woes. All of the excuses have been used, ad nauseum.

  Quite simply, the company slept while the world changed.

  Competitors took their customers away from film based systems that they tried to tell everyone were not going away.

  To invest in this company is pure 1960's nostalgia not business sense.

  At one point, some competitors could have purchased Kodak but now it's much more logical to let it hit rock bottom (which is in sight) and pick up the pieces for pennies.

  Stay tuned for 3rd Quarter results and the "new" action plans.

• Report this Comment On September 12, 2009, at 12:04 PM, Peter1849 wrote:

  Graphic Communication Services division -company "future" comprise of several companies without any future in pipeline. Example Kodak bought Creo 4 years ago for 1b .How this price is can be justified today? The same apply to other acquisitions in that division. The company will not be able to survive unless additional 60% reduction in workforce will be implemented immediately.

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