Quote Originally Posted by CGW View Post
Aren't we clear by now about what sank the Titanic? And Kodak?
The ship hit an iceberg. It wasn't a design fault or poor metallurgy, it hit a an iceberg.It was not designed as an icebreaker.

Kodunk sunk because of poor investment choices in markets they had no business venturing into.They also fell into an old trap and stopped advertising the virtues of film photography.

The Parable of the Hot Dog

There was man who lived by the side of the road and he sold Hot Dogs. He was hard of hearing so he had no radio. He had trouble with his eyes so he read no newspapers, nor did he watch television. But he sold good Hot Dogs.

He put signs on the highway telling how good they were. He stood on the side of the road and cried ""Buy a Hot Dog Mister?"" And the people bought. He increased his meat and bun orders. He bought a bigger stove to take care of his trade. He finally got his son home from college to help him.

But then something happened......

His son said, ""Father, haven''t you been reading the newspaper? There is a big depression on. The European situation is terrible, the domestic situation is worse. Everything is going to pot.""

There upon the father thought, ""Well, my son''s been to college, he reads the newspapers, he listens to the radio, he watches the television and he ought to know."" So the father cut down on his meat and bun orders took down his advertising signs and no longer bother to stand out on the highway to sell Hot Dogs.

And his Hot Dog sales fell almost overnight.

""You''re right son,"" the father said to the boy. We certainly are in the middle of a great depression.""