Kodak Q4 Earnings

[mrisney]

I grew up in Rochester. The assets are going to be hard to unload. An exit doesn't seem likely. But this is ominous

"But further cuts, particularly in Kodak's traditional film business, seem assured as Perez said there would be "aggressive cost restructuring ... given the decline" in sales."

http://www.democratandchronicle.com/article/20110127/BUSINESS/101270338/1001/business

 

[KM-25]

Long time Kodak employee Robert Shanebrook has some insight on it all, not entirely good:

http://photo.net/film-and-processing-forum/00Y63d

I am in the process of shedding about 14K in gear to put money in the bank and buy enough film, paper and chemistry to last at least 10-15 years.

 

[sepiareverb]

I think Kodak was too big to adapt to a smaller film market when they should have 5 years ago, and the move they made by consolidating the lines was not done in such a way to sustain the smaller runs necessary now. That they threw away so much of the complimentary product line (B&W chems and paper) can only be adding to their own demise.