Sad news for film-based photography

Hi,

Recently, Tom posted:
(largely snipped)

But then this from today's news would seem to support somewhat, the
original poster's point....
[...]
Digital Driving Kodak, Shares Up
[...]
Kodak, whose shares were up 3.5 percent, said
digital products will account for more than half of its total sales
next year. The forecast comes one year after the company disclosed a
controversial plan to slash investment in film products by selling
units and cutting up to 15,000 jobs by 2006.

Now, *there's* a clever plan! Increase the percentage of digital product
sales by selling off those film products that make up the majority of
their current sales. So, their overall sales volume will be *lower*, and
they'll be selling more of the marginally profitable products. And, this
makes investors happy? Go figure.

Neil

Hi,

Recently, Tom posted:
(largely snipped)

But then this from today's news would seem to support somewhat, the
original poster's point....
[...]
Digital Driving Kodak, Shares Up
[...]
Kodak, whose shares were up 3.5 percent, said
digital products will account for more than half of its total sales
next year. The forecast comes one year after the company disclosed a
controversial plan to slash investment in film products by selling
units and cutting up to 15,000 jobs by 2006.

Now, *there's* a clever plan! Increase the percentage of digital product
sales by selling off those film products that make up the majority of
their current sales. So, their overall sales volume will be *lower*, and
they'll be selling more of the marginally profitable products. And, this
makes investors happy? Go figure.

Neil

"Atomic Sub Committee" wrote in message
...
Or someone gets PO'd and kill files you. & Why is the original thread
crossposted.


Feel free to killfile me anytime, Steve.

"Atomic Sub Committee" wrote in message
...
Or someone gets PO'd and kill files you. & Why is the original thread
crossposted.


Feel free to killfile me anytime, Steve.

"Atomic Sub Committee" wrote in message
...
Or someone gets PO'd and kill files you. & Why is the original thread
crossposted.


Feel free to killfile me anytime, Steve.

"Bob Salomon" wrote in message
...
In article ,
"jjs" wrote:

in
a cool place is all that's neccessary to outlast current digital media.
No
electricity required.

How do you keep it cool in summer? All year round in the South? When you
live in the SouthWest?

Bob, I have lived all over the country, including the high-plains desert and
frosty Minnesota and I've never, ever had a problem finding a cool place to
store things.

"Michael R. Lachance" wrote in message
link.net...
what the hell does this nonsense have to do with this NG? " Sad news
for
film-based photography"

Yep. Got to killfile it.

Neil Gould wrote:

Hi,

Recently, Tom posted:
(largely snipped)

But then this from today's news would seem to support somewhat, the
original poster's point....
[...]
Digital Driving Kodak, Shares Up
[...]
Kodak, whose shares were up 3.5 percent, said
digital products will account for more than half of its total sales
next year. The forecast comes one year after the company disclosed a
controversial plan to slash investment in film products by selling
units and cutting up to 15,000 jobs by 2006.

Now, *there's* a clever plan! Increase the percentage of digital product
sales by selling off those film products that make up the majority of
their current sales. So, their overall sales volume will be *lower*, and
they'll be selling more of the marginally profitable products. And, this
makes investors happy? Go figure.

Neil

Hey Neil, you know what they all say about WallStreet, "buy on the rumour,
sell on the news". People rarely read those financial reports to understand
where the profits originate, or even the percentages. All Kodak digital
products are low margin, with the exception of photo finishing products
(mostly intended to compete with Fuji Frontier and AGFA dLab products). The
bad realities are that the general public feeling influences the stock
prices, the large financial institutions that drive the market, and mutual
funds managers.

In order to get into a consumer based digital imaging mainstay, they need
to follow the models adopted in the computer hardware industry. So far,
only Apple has done well on profits, with much consolidation amongst other
players. Dell has been a roller coaster on NASDAQ, and some minor players
have even disappeared. To be really big in the consumer digital market,
Kodak needs to take on Sony.

I think moving film production off shore to China, India, or even parts of
South America is one way to cut costs. It would not surprise me if
manufacturing by Kodak in the US ceases entirely in a couple years, though
that would not be very unique, considering that many US based companies
have already made that move.

Okay, important thing here, Reuters reported "Digital Driving Kodak, Shares
Up". This looks too similar to the dotCOM era, with so many companies
jumping on the latest phrase, though this time it is "digital". Sun
Microsystems really did well with that move, their stock price jumped for
about four months, then reality set in, and the shares dropped. Unless
Kodak can show direct higher profits from digital imaging sales by their
next quarterly report, the short stock share gain will disappear. Share
price does not predict the future of any company.

Ciao!

Gordon Moat
A G Studio
http://www.allgstudio.com Updated!

Neil Gould wrote:

Hi,

Recently, Tom posted:
(largely snipped)

But then this from today's news would seem to support somewhat, the
original poster's point....
[...]
Digital Driving Kodak, Shares Up
[...]
Kodak, whose shares were up 3.5 percent, said
digital products will account for more than half of its total sales
next year. The forecast comes one year after the company disclosed a
controversial plan to slash investment in film products by selling
units and cutting up to 15,000 jobs by 2006.

Now, *there's* a clever plan! Increase the percentage of digital product
sales by selling off those film products that make up the majority of
their current sales. So, their overall sales volume will be *lower*, and
they'll be selling more of the marginally profitable products. And, this
makes investors happy? Go figure.

Neil

Hey Neil, you know what they all say about WallStreet, "buy on the rumour,
sell on the news". People rarely read those financial reports to understand
where the profits originate, or even the percentages. All Kodak digital
products are low margin, with the exception of photo finishing products
(mostly intended to compete with Fuji Frontier and AGFA dLab products). The
bad realities are that the general public feeling influences the stock
prices, the large financial institutions that drive the market, and mutual
funds managers.

In order to get into a consumer based digital imaging mainstay, they need
to follow the models adopted in the computer hardware industry. So far,
only Apple has done well on profits, with much consolidation amongst other
players. Dell has been a roller coaster on NASDAQ, and some minor players
have even disappeared. To be really big in the consumer digital market,
Kodak needs to take on Sony.

I think moving film production off shore to China, India, or even parts of
South America is one way to cut costs. It would not surprise me if
manufacturing by Kodak in the US ceases entirely in a couple years, though
that would not be very unique, considering that many US based companies
have already made that move.

Okay, important thing here, Reuters reported "Digital Driving Kodak, Shares
Up". This looks too similar to the dotCOM era, with so many companies
jumping on the latest phrase, though this time it is "digital". Sun
Microsystems really did well with that move, their stock price jumped for
about four months, then reality set in, and the shares dropped. Unless
Kodak can show direct higher profits from digital imaging sales by their
next quarterly report, the short stock share gain will disappear. Share
price does not predict the future of any company.

Ciao!

Gordon Moat
A G Studio
http://www.allgstudio.com Updated!

Who's Steve?

In article ,
"Bandicoot" wrote:

"Atomic Sub Committee" wrote in message
...
Or someone gets PO'd and kill files you. & Why is the original thread
crossposted.


Feel free to killfile me anytime, Steve.