Seeking Alpha

Kodak (EK +2.6%) continues to burn cash and is on course to run out of domestic cash in Q2 or Q3...

Kodak (EK +2.6%) continues to burn cash and is on course to run out of domestic cash in Q2 or Q3 next year, Moody’s analyst Rick Lane warns. Kodak’s operations consume significant cash in the first half of every year, he says, and its patent complaint against Apple (AAPL) and RIMM won’t be heard until Dec. 30, with a final decision delayed until well in 2012.
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