SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Eastman Kodak: Exchange your pictures via computer
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Nero who wrote (55)8/7/1997 2:24:00 PM
From: pvz   of 87
 
Nero,

I have been following the commentary on Kodak with some interest but I have to disagree that there is "little sign of a vigorous company yet".

Since Fisher joined the company, he has seen Kodak's financial position improve quite substantially, from a $1.5 billion loss in 1993 to a $1.3 billion profit last year. Here are some other facts:

1996 1995 1994 1993

Sales 15,968 14,980 13,557 12,873
Net income 1,288 1,252 557 (1,515)
Debt/ Equity 0.23 0.24 0.26 2.24
EPS 3.82 3.67 1.66 (4.45)
Gross Profit 48% 47% 46% 48%
Return on Equity 27% 24% 14% -45%

I would say the reason the stock price is under pressure is not because the company "isn't vigorous" (you can't complain about a 27% return on equity), but because everybody (including me) is worried about the impact of the price-war with Fuji (although Fisher denies that there is one) on market share and future earnings growth.

Philippa
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News