Bill Gates' 5.2% Investment in Kodak

Discussion in 'Product Availability' started by bwfans, Feb 19, 2009.

  1. bwfans

    bwfans Member

    Messages:
    176
    Joined:
    Jun 16, 2004
    Shooter:
    Multi Format
    I remembered Bill Gates invested in Apple many years ago when Apple was in deep trouble.

    ===

    According to Bloomberg: "Feb. 17 (Bloomberg) -- Microsoft Corp. co-founder and Chairman Bill Gates boosted his stake in Eastman Kodak Co., the camera pioneer that lost more than $4.5 billion in market value last year as it struggled to shift to digital photography.

    Cascade Investment LLC, owned by Gates, bought 7.95 million shares in Kodak, raising his stake in the company to 5.2 percent, Rochester, New York-based Kodak said in a regulatory filing today. The investment would make Gates the fourth-largest shareholder in Kodak as of Dec. 31, according to Bloomberg data. "

    http://www.bloomberg.com/apps/news?pid=20601103&sid=ae5ayfK67YxY&refer=us

    ===

    Any comments?
     
  2. Pinholemaster

    Pinholemaster Member

    Messages:
    1,570
    Joined:
    Oct 17, 2005
    Location:
    Westminster,
    Shooter:
    8x10 Format
    I better shift to Fuji products out of fear that Kodak products will work as well as Windows Vista.

    Ha ha ha ha ha ha
     
  3. Now that is really scary! :surprised:

    Steve
     
  4. Kent10D

    Kent10D Member

    Messages:
    73
    Joined:
    Sep 29, 2007
    Location:
    Yokohama, Ja
    Shooter:
    35mm RF
    The idea that all my images will come out as blue screens is just too depressing!

    But on a more serious note, THANKS BILL!! :smile:
     
  5. mwdake

    mwdake Member

    Messages:
    635
    Joined:
    Aug 25, 2007
    Location:
    FL, USA
    Shooter:
    Multi Format
    I hope this does not mean that cameras will take 10 minutes to boot up and crash when we change the shutter speed.
     
  6. JBrunner

    JBrunner Moderator Staff Member Moderator

    Messages:
    7,142
    Joined:
    Dec 14, 2005
    Location:
    Basin and Range Province
    Shooter:
    8x10 Format
    Vista is about to release the shutter. Confirm or deny?
     
  7. Ektagraphic

    Ektagraphic Member

    Messages:
    2,941
    Joined:
    Feb 3, 2009
    Location:
    Southeastern
    Shooter:
    Medium Format
    I am really tired of hearing the Kodak is "shifting into a digital company". They need to make up there mind...I don't like those words...Luckly we just got Ektar :smile:
     
  8. JBrunner

    JBrunner Moderator Staff Member Moderator

    Messages:
    7,142
    Joined:
    Dec 14, 2005
    Location:
    Basin and Range Province
    Shooter:
    8x10 Format
    I think of it as two different companies, and in some ways it is. I wouldn't underestimate the passion or dedication of the folks on the film side.
     
  9. Ektagraphic

    Ektagraphic Member

    Messages:
    2,941
    Joined:
    Feb 3, 2009
    Location:
    Southeastern
    Shooter:
    Medium Format
    Now that I think about it more I do have to agree with you. If the weren't passionate or dedicated over on the film side I doubt we would still have some of the film we do.
     
  10. jnanian

    jnanian Advertiser Advertiser

    Messages:
    22,870
    Joined:
    Jun 21, 2003
    Location:
    paswonquitte
    Shooter:
    Multi Format
    Groups:
    i wonder if bg will end up owning the rights to
    all images made on kodak products soon.
    he does own corbis, and isn't he involved
    with that "harvest all the image off the internet-crawl and make it part of the gigantic mosiac-image"
    project that got all that " gee-wizz" airtime a year or so ago ?
    between that and the fact that no one will ever notice their images have been harvested,
    and they will be considered orphaned ...

    i am happy he thought enough to help a struggling friend
    but at the same time it worries me ..
     
  11. accozzaglia

    accozzaglia Member

    Messages:
    560
    Joined:
    Jan 20, 2008
    Location:
    Sweet home T
    Shooter:
    Multi Format
    Bloody hell. My Ektachrome E200 emulsion is ruined by the LITELEEK trojan horse. Now I'm little miss crankypants.
     
  12. arigram

    arigram Member

    Messages:
    5,465
    Joined:
    Sep 21, 2004
    Location:
    Crete, Greec
    Shooter:
    Medium Format
    Nooooooooooooooooooo!
     
  13. mpirie

    mpirie Subscriber

    Messages:
    246
    Joined:
    Sep 19, 2005
    Location:
    Highlands of Scotland
    Shooter:
    4x5 Format
    It goes to show how much foresight Fox Talbot had in the early days........he was taking pictures of Windows way back! :D

    Can you imagine if Microsoft ran Kodak? Every time we opened a box of film, there would be a note inside saying "Please contact your film dealer, this pack of Trix-X has holes in the emulsion. Please apply the latest patch"! :tongue:
     
  14. Sponsored Ad
  15. Marco B

    Marco B Member

    Messages:
    2,684
    Joined:
    Jan 13, 2005
    Location:
    The Netherla
    Shooter:
    Multi Format
    Don't you like cyanotypes than? :D:D:D
     
  16. Aurum

    Aurum Member

    Messages:
    923
    Joined:
    Apr 19, 2008
    Location:
    Landrover Ce
    Shooter:
    Medium Format
    Hmmm a 3 button shutter Ctrl/Alt/Del?
     
  17. mjs

    mjs Member

    Messages:
    1,125
    Joined:
    Mar 15, 2005
    Location:
    Elkhart, Ind
    Shooter:
    Multi Format
    Clippy, you're an evil, evil man! :wink:
     
  18. pauliej

    pauliej Member

    Messages:
    329
    Joined:
    Aug 7, 2007
    Shooter:
    35mm
    You know how to make a small fortune on Wall Street? Invest a LARGE fortune with Bernie Madoff...

    paulie
     
  19. arigram

    arigram Member

    Messages:
    5,465
    Joined:
    Sep 21, 2004
    Location:
    Crete, Greec
    Shooter:
    Medium Format
    Seriously though, considering that Kodak was the Microsoft of the photographic world, the founder of one giant monopolistic monolithic dinosaur makes sense to invest in another. The difference is of course that Kodak actually produces good products and unlike Microsoft didn't get to be large and hold its place using the worst business methods available and a complete lack of ethics. Both companies though straggle in the present market and is mostly due to a changing field, a stiff, chaotic and dysfunctional structure and an incompetent short sighted management. Both companies have been funding innovative "experiments" which are almost immediately canned to continue basing the company's profits and survival on their mainstream milk cow. Both companies are in fear of been overtaken by their smaller, more innovative and flexible competitors, but all their efforts are on survival, not expansion.
    I would definitely miss Kodak as they still make great film products which they manage to enhance constantly, but not Microsoft which has held the computer world back and continues to do so.
    Gates probably sees some Kodak technology he could use.
     
  20. Marco B

    Marco B Member

    Messages:
    2,684
    Joined:
    Jan 13, 2005
    Location:
    The Netherla
    Shooter:
    Multi Format
    A method to give his words and actions a silver lining perhaps?... :wink:
     
  21. fschifano

    fschifano Member

    Messages:
    3,216
    Joined:
    May 12, 2003
    Location:
    Valley Strea
    Shooter:
    Multi Format
    Kodak makes the sensors that go into an awful lot of digital cameras. They're no slouches when it comes to in-camera image processing software either. I see a connection there.
     
  22. Ken N

    Ken N Member

    Messages:
    385
    Joined:
    Oct 1, 2004
    Location:
    Creston and
    Shooter:
    Multi Format
    Given that "The Bill" has invested a significant portion of his piggy bank into Kodak tells me something about the future of Kodak. Bill is one extremely smart cookie and I think we need to wake up and smell the fixer. Kodak isn't going away. It has fingers reaching into some very disparate industries.

    Now the rose is falling off of Canon's bloom, it may be time to see the rise of the companies with extremely long-term strategies.
     
  23. JBrunner

    JBrunner Moderator Staff Member Moderator

    Messages:
    7,142
    Joined:
    Dec 14, 2005
    Location:
    Basin and Range Province
    Shooter:
    8x10 Format
    Kidding aside, the last time I looked Bill wasn't on the board of Kodak. I doubt his holding firm is interested in anything but viable investment. If it helps Kodak keep making film, bravo!
     
  24. Dinesh

    Dinesh Subscriber

    Messages:
    1,717
    Joined:
    Jun 3, 2005
    Shooter:
    Multi Format
    Don't hate the player, hate the game.

    If M produces such bad products and are so poorly managed, why have they not gone the way of the Dodo?

    Is this merely conjecture or do you have any evidence of this?

    Nobody roots for Goliath - Wilt Chamberlain

    The Gates Foundation will donate 3.8 of it's approx. 54 billion billion in assets to charity this year. Yep, Gates is a devil if ever I've seen one! :rolleyes:
     
  25. arigram

    arigram Member

    Messages:
    5,465
    Joined:
    Sep 21, 2004
    Location:
    Crete, Greec
    Shooter:
    Medium Format
    The players make the game.

    They will, but a behemoth like that doesn't go down so easily.
    Plus, you assume that somehow business darwinism is related just to the quality of the product and service and not to the strategy and tactics used to enlarge and survive. If that was the case most governments and businesses wouldn't survive this long.

    What? Do you want me to discuss the whole history of Microsoft in here in detail? That would be like trying to convince someone of the failings of the Soviet Union. Nothing is secret to be needing "proof". If you have any knowledge of the history of computing, you don't ask such a question. I am not interested in wasting my time for something so blatantly obvious that anyone can find out by themselves if they don't know already know.
    Of course, it doesn't matter where the money comes from, as long its for a good cause. Even the mafia and drug barons donate to charity, what's your point? At the very least, its very good marketing.
     
  26. dwdmguy

    dwdmguy Member

    Messages:
    838
    Joined:
    Feb 8, 2009
    Location:
    Freehold, NJ
    Shooter:
    Medium Format
    Remember whom it buddy is... Warren! Same method, undervalued, long time, hold forever.