It looked just as cheap to me in 2000, at $40. They are not to blame for the emergence of digital, but the problem is that they were late to recognize what the eventual size of the company was likely to be, and late to downsize. If they said, you know what, our revenues are going to continue to shrink, but we will deliver good returns to the shareholders anyway - then i would believe them. Instead this talk of innovation, and wonderful new products such as a cell-phone camera is all bogus. Now come-on - a cell-phone camera in 2008? who are you trying to fool?
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It looked just as cheap to me in 2000, at $40. They are not to blame for the emergence of digital, but the problem is that they were late to recognize what the eventual size of the company was likely to be, and late to downsize. If they said, you know what, our revenues are going to continue to shrink, but we will deliver good returns to the shareholders anyway - then i would believe them. Instead this talk of innovation, and wonderful new products such as a cell-phone camera is all bogus. Now come-on - a cell-phone camera in 2008? who are you trying to fool?
Jun 25 09:16 am
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All Comments by kotika98 »Kodak Emerges from the Dark Room [View article]