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Kodak Officially Files for Chapter 11


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#1 Bill DiPietra

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Posted 19 January 2012 - 08:48 AM

Here it is...

http://finance.yahoo...-035350218.html
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#2 Bill DiPietra

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Posted 19 January 2012 - 10:10 AM

An article on the Kodak website says that its restructuring will be completed in 2013. Here is the URL to keep an eye on while that takes place.

http://kodaktransforms.com
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#3 Bill DiPietra

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Posted 20 January 2012 - 01:39 PM

The company files for Chapter 11 and this guy still plans to continue on the course that has brought them no revenue. What's worse is he's willing to sell off the photographic foundation of the company in order to do it. George Eastman must be turning in his grave.

http://www.businessw...l-printing.html
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#4 Tom Jensen

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Posted 20 January 2012 - 05:20 PM

Very sad indeed. Kodak is iconic. Unfortunately, they failed to read the writing on the wall. For all of you that think that Super 8 is the wave of the future, think again.
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#5 Simon Wyss

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Posted 21 January 2012 - 02:47 AM

George Eastman must be turning in his grave.

They have only learnt from him.
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#6 Brian Drysdale

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Posted 21 January 2012 - 03:32 AM

They have only learnt from him.


Sounds they're rather like Xerox, the company that developed the icons and the mouse for computers and lifted by Apple and Microsoft, while Xerox just made photocopiers.

I'm not too sure about the printer business, but cheaper ink would be good, although someone pointed out to me it's cheaper to go the machine in the photo shop than to use your ink jet printer for photographic prints.
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#7 Brian Drysdale

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Posted 21 January 2012 - 04:30 AM

The Economist has an article on how Fiji has to fair much better:

http://www.economist.com/node/21542796
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#8 Bill DiPietra

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Posted 21 January 2012 - 10:54 AM

The Economist has an article on how Fiji has to fair much better:

http://www.economist.com/node/21542796


Great article.
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