actually they didn't, and it is the only thing that is going to keep them alive in a
shrinking analog market.
They divide their business into input and output. Or capture and print. They have 80% of their revenues now from the print side, and a shrinking 20% from their capture side.
Aye...moderators, please euthanize either this thread, the other one(s), or me....
How about a new forum, call it WUK (whats up Kodak) or WWK (whats with Kodak) :whistling:
All you people who don't want to read this (and similar threads) why do you come and read the thread and then complain about it? Just stay away and leave the discussion to those who are interested.
You remind me of a story a friend of mind once told me. It was supposedly a true story. He once had a college roommate who used to parade around the apartment in his underwear. The problem was, the window was always open. One day the police came to talk to him about it. A woman had called the police to complain about my friend's roommate. The lady said that seeing my friend's roommate parade in front of the window in his underwear was "... the most disgusting half hour of my life."
This story reminds me of those who read this thread and then complain about it.
Furthermore, if you continue to hold the shares you are guaranteed to lose every penny you paid for them because if the company manages to emerge from bankruptcy as an operating company the old shares (including the ones you own) will be cancelled. New shares will be issued to the creditors, and the old shareholders will lose every penny on the shares they hold. The only way you can recover anything on your shares is if you sell them before the bankruptcy proceeding is completed.
Now, I'm not talking about losing 50% of your investment. I'm not talking about losing 90% of your investment. I'm not talking about losing 99% of your investment. I'm not talking about losing 99.999999% of your investment. I'm talking about losing 100%.
Now, if you really want to hold on to your shares for sentimental reasons then I suggest that you request a share certificate for the shares you own. You can hang it on your wall as a souvenir as a reminder of something that once was. The shares will have no other value than that. You should probably do that before the company emerges from bankruptcy because I doubt if it will be possible afterward.
You want Kodak to commit suicide just so you can enjoy a very few rolls of film on the cheap?