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Dog food line is going to get crowded.
Just make sure you leave some for my 2, 85 pound puppies. :)
Raising your own meat huh?
with the right spices, you can make roadkill taste like chicken!
Didn't we used to refer to that as "Dumpster Diving"?
BILL MILLER DOES NOT KNOW ANYTHING ABOUT STOCK. HE IS A FREAKING JOKE. HAHAHAHAHAHA~~
kodak will have a tough time for a long time.
Vanguard holds the number two spot? Ugh......and they recently ADDED exposure to EK?
double Ugh. :(
Goldman Sachs appears to have tripled its exposure recently.
And look at the exposure of Bill Gate's money - not only was the foundation in it, but his personal investment too (Cascade)
to bad buffet wasn't a major shareholder! his camera still uses glass plates!
OH the HUMANITYYYYyyyyy!
Blame it on digital photography.
Gates Foundation ?!
u guys notice, that is spite of all this crap today, miners are hanging tough. Maybe trying to carve out a bottom. 0
if they go under, that's really bad for the city of Rochester, and upper NY State in general.
EK...really arrogant people...as for rochester...well...more time for the folks to enjoy that beautiful 4 season climate....very early 80's...Sony was showing off their digital camera prototype....EK's reaction...THAT will NEVER replace film! It was never a question of IF (digital AND EK BK) but when...yes...lots of little people lose but the management at the top will do OK...
And this on the heels of Paetec/Windstream Midtown Plaza debacle. (Am a Roch resident.)
Yes...Paetec! I had some bean counter tell me...we are becoming Telecom Alley...of course originally it was Flour City...eventually Optics...I had the misfortune to live there...
At least U of R is doing very well....same for RIT...
The Eastman School of Music still rocks. I was there in the early 80s, a high school student away from home and Mommy and Daddy for the first time. The New York drinking age was still 18 and they didn't seem to card much. I had a very good time in Rochester ;-)
Agree....Eastman...the music school and the Eastman museum...
Yeah, couldn't have happened to a nicer place. /sarc
I had some unpleasant experiences there with a female, so I'm a little biased.
Blame it on digital photography NOT they didn't keep up with the game. I think they might be done permanently ..
And they were at $30/sh as recently as 2007?!?
Man, what a train wreck. If anyone wanted to see what is happening to the US industrial base on the side, just look at EK.
I think it's more that the geniuses in the tower didn't see the digital age and the end of film coming.
They messed up well before. Fuji killed them on both price and quality in film long before this. Their patents on ->Digital<- are worth way more than the company, estimated about 3 bill. So they saw it coming, alright. They just lost the ability to execute long before.
And I would have to point to the geniuses at the Big Three Dinosaurs who paid no attention to when the comet hit back in the early 70s with the oil embargo. They're still lumbering towards extinction.
Somewhat surprising, well maybe not, that they couldn't see the digital age coming. They had some excellent digital imaging products in the early 90's - mostly for scientific and defense applications. I used one of their chips to build an imaging camera for astrophysics applications in the early 90's. They didn't have the people and foresight to translate those products to consumer products. I would think they have some very valuable patents in the digital imaging area.
They went under ten years ago...more or less...some interesting names on that list....Vanguard has to buy...its a market thing for them....if there is value at $4..then there must be value at 50 cents....its all a patent lawsuit now...
Insiders did well, so don't worry about them.
Too bad EK doesn't make toilets.
Owebama with the bailout in 3 ...........2............1
Of course they can bid on assistant printer job for Bernake.
think of the purty currency they could make.
...or diapers for old people like Buffett
Sadly Kodak did not get into solar.
what went wrong?
Mama, don't take my Kodachrome away!
I wish someone would push Paul Simon into a wood chipper.
EK has been in a death spiral pretty much since digital photography day one. I'm surprised it's taken this long.
But Jesus, hasn't Bill Miller learned not to ride these bombs down to zero by now?
Apparently not. Dude doesn't understand Buy and Hold died around the turn of the millenium
It isn't just an issue of buy and hold, that guy is the personification of the term "Value Trap". Some of the stuff he was pimping the past couple year - geesh, you would think he would have learned his lesson.
The assumption here is that these shareholders aren't hedged. I'll bet not.
Good Lord. How can all of these "smart people" not see this coming? EK has been behind the curve for years. I have a friend who was an engineer in EK back when they meant something. He would tell stories about how hard it was to push a new concept through the beuraucracy there. Once they got rid of their dividend that was the sell signal.
Artis. Is that Latin for timing?
John Paulson breathes a sigh of relief, missed that one
Goldman owns some.
They still holding patents on 110 speed film? That'd draw top dollar at auction...
I think that 126 film is a growth industry. This is so sad. I wish Buffet was in his bath close by. I would throw him hair dryer and toaster.
Even if you buy today net cash is > stock outstanding, so you'll get a nice cash payout.
Of course company could survive and you'll will be sitting on a nice buddle.
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