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$13.95 0.12 (0.87%)
7/3/2008 1:01 PM

Eastman Kodak Company (EK)

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Engaged in developing, manufacturing, and marketing digital and traditional imaging products, services and solutions to consumers, businesses, the graphic communications market, the entertainment industry, professionals and healthcare providers.

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Avatar meta99 (< 20) Submitted: 1/08/08 4:02 AM : Underperform Start Price: $19.74 EK Score: 18.23

Ok, get real. Kodak created a monster Blue Chip company many many years ago with a highly profitable monopoly on FILM. Well, that's gone now and they are in the commodity business, trying to hawk digital cameras. How do you go from a business with one Japanese competitor (Fuji) to a highly competitive business with maybe 10-15 major high tech well-capitalized competitors, many of whom have been in the top end of the camera business for ages??? Not very easily. Kodak may occasionally show a small quarterly profit, but eventually the competition will eat their lunch. This is a whole new ballgame and my prediction is that Kodak will file Chapter 11 in 2 years, when the well runs dry. Shades of Polaroid!

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