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Technology Stocks : WDC/Sandisk Corporation
WDC 174.21+6.9%Nov 10 3:59 PM EST

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To: NHP who wrote (11976)6/14/2000 6:07:00 PM
From: Art Bechhoefer  Read Replies (2) of 60323
 
Kodak CEO Carp was on CNBC this morning and stated Kodak might buy up some of its shares because it thought the stock was undervalued. He also explained Kodak's strategy for film and digital, admitting that digital was becoming more widespread, but also acknowledging that Kodak sold more film this year than ever before, and that China was Kodak's second largest film market (after the U.S.).

If Kodak wanted to have an important stake in digital, it would use some of its cash horde to buy into SNDK, which IMHO is a great deal more depressed than EK stock. It's hard to kick the traditional film habit.

Art
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