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  1. #121
    Photo Engineer's Avatar
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    Ahhh, Fred, my stock was bought high so here I am at about 30 cents / share.

    Can anyone live with a loss like that?

    PE

  2. #122

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    Ron,

    Your 'old' Kodak stock (if you have any left) is about to be worth $0 per share - not even 30 cents

  3. #123
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    Quote Originally Posted by lxdude View Post
    For a little perspective: I'm looking at a B&H ad from November 1982.
    Tri-X:
    135-36, $2.19.
    120, $1.75

    From the US Consumer Price Index's inflation calculator:

    $2.19 in 1982= $5.28 in 2013

    $1.75 in 1982= $4.22 in 2013
    From B&H's website today:

    TX 135-36, $4.29 ----equal to $1.78 in 1982.

    TX 120, .....$4.95 ----equal to $2.06 in 1982.
    Last edited by lxdude; 05-02-2013 at 10:31 PM. Click to view previous post history.
    I do use a digital device in my photographic pursuits when necessary.
    When someone rags on me for using film, I use a middle digit, upraised.

  4. #124
    Photo Engineer's Avatar
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    Yeah, yeah, yeah Fred. What an I do about it?

    PE

  5. #125

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    Quote Originally Posted by Prof_Pixel View Post
    Ron,

    Your 'old' Kodak stock (if you have any left) is about to be worth $0 per share - not even 30 cents
    Prof_Pixel is right. When the company emerges from bankruptcy the old shares will be cancelled and therefore be worthless, i.e. $0 per share. Better dump it now while you can get a few cents per share, or alternatively, request share certificates and save them as souvenirs to hang on the wall.

  6. #126

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    Been there done that. Take the thirty cents.

    I had a $20 stock go bk. sold it at fifty cents. Then I bought a Ton at twenty-six cents and sold it for fifty cents again. Two days later it was zero.

    Don't remember if it was Worldcom or UAL. We can still talk on the phone and we can still fly in planes.

    And God willing we will still buy film.
    - Bill Lynch

  7. #127

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    Quote Originally Posted by Photo Engineer View Post
    Ahhh, Fred, my stock was bought high so here I am at about 30 cents / share...
    Too bad you hadn't adopted my philosophy. I'd never buy any stock in a company that would hire me.

  8. #128
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    I know I'm late to the thread, this is great news. Properly run, the new buyers of Kodak's film and document business will have a decent income generator.
    "Life moves pretty fast, if you don't stop and look around once and a while, you might just miss it."
    Ferris Bueller

  9. #129
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    Quote Originally Posted by Ken Nadvornick View Post
    Harman's execs sure did...

    Ken
    !!!!!!!!

  10. #130
    Rafal Lukawiecki's Avatar
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    I really liked it when Steven Ross, the Chairman of the United Kingdom Kodak Pension Plan, said in that quoted interview, that he was thinking in 20-year cycles. I hope this means focus on a long-term sustainable business, quality product, and, in my dreams, maybe even some cool, Kodak-clever innovation.
    Rafal Lukawiecki
    See rafal.net | Read rafal.net/articles



 

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