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Technology Stocks : Eastman Kodak: Exchange your pictures via computer

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To: Nero who wrote (39)7/22/1997 9:50:00 PM
From: Wiski1313   of 87
 
While I generally agree with this years accessment.
Kodak will not roll over and die however.The old, tired management in
Rochester has taken the lucrative buyouts and are playing jarts
at their summer cottages. Actually Kodak is building a well managed company. There is still some changes to be made . They are making them however. i.e. ad agency -choosing Dennis Rodmen to pitch their cameras
come on now- there is also a lot new managers hired from outside the company. I see a trading range of 60 to 70 with dips in the 50's
if the market has a serious correction.
But I will be buying at that time. Excellent long term investment.
Look at todays article about digital copiers from Konica. Kodak is starting to coming around to the fact that they cannot manufacture anything complex for a profit.It can manufacture film and cheap disposable cameras for huge profits. They are also very good with algorithems and understand imaging. Both digital and silver halide. However equipment such as copiers have dragged them down for years.Not because it wasn't a good product but because it wasn't profitable. Just sold the division to Danka. What do they do...They start selling someone elses high speed digital copiers under their own name. Very interesting.

Konica to supply digital copiers to Kodak--paper

TOKYO, July 23 (Reuter) - Konica Corp (4902.T) is to supply high-speed digital copiers to Eastman Kodak Co(EK) which will be sold outside of Japan under the Kodak brand name, business daily Nihon Keizai Shimbun said on Wednesday.

The move will help boost Konica's copier business overseas, the paper said.

Konica, which makes photographic film and data processing equipment, will supply copiers capable of turning out 50 copies per minute to a company based in Florida which will begin selling them in August, the paper said.

The digital copiers can be used as laser printers and can also process and edit images when connected to personal computers, it said.

Konica expects to ship 10,000 units from Japan in the initial year, the paper said.

A spokesman for Konica was not immediately available to comment on the report.
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