Today, for the first time, Kodak announced that film sales had fallen into the red. This was a featured segment on the local news along with a speech by Perez at the stockholders meeting in NYC about the bright hope in other areas.

A local analyst stated that this indicates that the end is probably near unless the economy turns around. He speculated that someone would step in and keep the equipment, buildings and people intact and continue some level of production.

Not doom and gloom, just reality. The prediction is for EK to make it or break it in 2012.

PE