From Bloomberg today

semi-ambivalent · Jun 28, 2011

In an article about Kodak:

"...according to Mark Kaufman, an analyst at Rafferty Capital Markets Inc. in New York...

Their old film business, which everyone abhors and denigrates, has been generating cash over the years consistently, Kaufman said in an interview. The other big cash generator has been their licensing fees from their patent portfolio."

http://www.bloomberg.com/news/2011-...1-million-loss-after-a-decade-of-decline.html

I think it's still safe to buy Tri-X just twenty rolls at a time.

Ken Nadvornick · Jun 28, 2011

I wonder if they consistently hold their collective noses every time a new delivery of that abhorrently denigrated cash arrives?

Ken

stavrosk · Jun 28, 2011

I hope they never stop making film...

tomalophicon · Jun 28, 2011

They probably spit on the film as it's being manufactured, swearing at it and cursing its name!

semi-ambivalent · Jun 28, 2011

tomalophicon said:
They probably spit on the film as it's being manufactured, swearing at it and cursing its name!

I may have done that, but only when it's come out of the dev tank.

tomalophicon · Jun 28, 2011

Hehe I use it as toilet paper myself. It's kinda scratchy!

mjs · Jun 29, 2011

Scratchy? Too small!

tomalophicon said:
Hehe I use it as toilet paper myself. It's kinda scratchy!

You're probably using 35mm. That's much too small. Go at least 4x5; it's very smoooooth!

Mike

Shawn Rahman · Jun 29, 2011

tomalophicon said:
Hehe I use it as toilet paper myself. It's kinda scratchy!

Try the emulsion side!

bblhed · Jun 29, 2011

I bought some shares, and I will get some more on Friday if the price holds at this level. A major fund dropping a company that is showing a profit is a long term small investors dream.

I would have bought more film to go with the stock, but I just got film so I just bought a small piece of the company.

Sirius Glass · Jun 29, 2011

mjs said:
You're probably using 35mm. That's much too small. Go at least 4x5; it's very smoooooth!

Mike

Dumb me! I thought he was talking about the Bloomberg article! That felt like I was using a hand full of razor blades to wipe my @$$!

railwayman3 · Jun 29, 2011

bblhed said:
I bought some shares, and I will get some more on Friday if the price holds at this level. A major fund dropping a company that is showing a profit is a long term small investors dream.

Maybe...though a low share price doesn't always equate to a bargain, and major funds don't usually drop an investment without a reason. They usually have access to investment research and analysis way beyond that available to the individual small investor.

lxdude · Jun 29, 2011

Sirius Glass said:
Dumb me! I thought he was talking about the Bloomberg article! That felt like I was using a hand full of razor blades to wipe my @$$!

Yikes! DIY hemorrhoidectomy (and DIY vasectomy if you're not careful).

bblhed · Jun 29, 2011

railwayman3 said:
Maybe...though a low share price doesn't always equate to a bargain, and major funds don't usually drop an investment without a reason. They usually have access to investment research and analysis way beyond that available to the individual small investor.

That may be but, I'm up over 4% on the day, I could sell and get back the vig plus put a few bucks in my pocket, but I think I will ride this train for a while and see where it goes. It's not like I bought a million dollars worth of stock, just enough to say I have some.

railwayman3 · Jun 29, 2011

bblhed said:
That may be but, I'm up over 4% on the day, I could sell and get back the vig plus put a few bucks in my pocket, but I think I will ride this train for a while and see where it goes. It's not like I bought a million dollars worth of stock, just enough to say I have some.

Fair enough, there's no easy rule. I think that a likely investor needs to forget all preconceptions of what Kodak used to be, and where it all went wrong so far. Then look at its current prospects as a business in the area(s) it is now operating, and the likelihood of success and profitability in these fields in the present world economy and at this time.

It is probably too early to know whether a 4% bounce on one day is just a reaction to a too-low price on one day or the state of a trend.

(IDK...if I did, I be a millionaire. )

wildbillbugman · Jul 1, 2011

To Hell with KODAK! Visit www.thelightfarm.com and learn how to make your own film. You don' need no big companies to wipe your nose for you.
Bill

From Bloomberg today

Privacy & Transparency

Privacy & Transparency