From Bloomberg today

Discussion in 'Industry News' started by semi-ambivalent, Jun 28, 2011.

  1. semi-ambivalent

    semi-ambivalent Subscriber

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    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. :smile:
     
  2. Ken Nadvornick

    Ken Nadvornick Subscriber

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

    :sick:

    Ken
     
  3. stavrosk

    stavrosk Member

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    I hope they never stop making film...
     
  4. tomalophicon

    tomalophicon Member

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

    semi-ambivalent Subscriber

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

    tomalophicon Member

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

    mjs Member

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    Scratchy? Too small!

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

    Mike
     
  8. Shawn Rahman

    Shawn Rahman Subscriber

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    Try the emulsion side!
     
  9. bblhed

    bblhed Member

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    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.
     
  10. Sirius Glass

    Sirius Glass Subscriber

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    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 @$$! :pinch:
     
  11. railwayman3

    railwayman3 Member

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    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.
     
  12. lxdude

    lxdude Member

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    Yikes! DIY hemorrhoidectomy (and DIY vasectomy if you're not careful).:cry:
     
  13. bblhed

    bblhed Member

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    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.
     
  14. railwayman3

    railwayman3 Member

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    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. :sad: )
     
  15. wildbillbugman

    wildbillbugman Member

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    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