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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: MythMan who wrote (251630)7/23/2003 11:03:10 AM
From: GraceZ  Read Replies (1) of 436258
 
The only thing driving that thing is the divi and you have to wonder how secure that dividend is (laying off 6,000 can't be done every year). The film based photography industry is moribund and it will continue to be moribund. They are doomed. Their digital products pretty much suck, their traditional product list which is ridiculously extensive will sink them while they can't replace it on the digital side because they are a slow moving beast with too many layers of management to compete with the faster more nimble camera and tech companies and there just isn't the huge dollar amount of consumables in digital that there is in film. Their digital printers suck (and are expensive) as well as their cameras. A tiny company, Ilford makes superior paper, Canon makes better cameras and printers. It would take a major shift in their mission to turn that company around, a near death experience. The yellow box no longer has much of a place in my biz.

It's a shame because they are one of the few old style American companies. When you got a job at Kodak it was always a job you could keep for life. They made small market products that no one else would make because they kept a sort of contract with their customers to serve their needs regardless of whether or not those products made money for them. This is the practice which makes them less competitive, but the old film based imaging industry was always like that, when someone bought a certain device they could relax knowing that Kodak would continue to make the paper or film for that device no matter how obsolete it became. I'm still using developer that I learned to use 30 years ago even though they've put out a dozen new and improved developers.
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