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Technology Stocks : WDC/Sandisk Corporation
WDC 163.61+2.2%3:59 PM EST

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To: Cooters who wrote (18274)1/17/2001 7:07:42 PM
From: Art Bechhoefer  Read Replies (2) of 60323
 
Cooters, I listened to the Carp interview on CDBC this morning. Many thanks for the transcript, which, if anyone had any doubts about Kodak, shows that Kodak still doesn't get it. Here they make all this noise about film market share holding up, but film sales being disappointing, but then they're sure this situation won't last.

I've got news. The lively sales of flash cards, mostly for digital cameras, explains why Kodak is experiencing lower film sales. People are learning quickly that digital is cheaper. It's that simple. Only Kodak thinks that as long as it can figure out some cumbersome way of doing more things with conventional film, its film still has a future. When you see increased sales revenues from the three most used flash memory units (CF, SmartMedia, and MemoryStick), it means not only growth in sales of digital cameras but DECLINES in demand for conventional film and cameras.

The interview with Carp shows just how far Kodak has strayed from really committing to digital. (Yeah, digital is ok as long as there still is a place for regular film.) That attitude can only mean that when people first think about their next camera, they'll think Olympus, Canon, Nikon, etc., but not Kodak, which will become an afterthought, if it hasn't already.

Art Bechhoefer
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