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Technology Stocks : Eastman Kodak: Exchange your pictures via computer

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To: Wiski1313 who wrote (56)8/7/1997 8:24:00 PM
From: Nero   of 87
 
Edward,

EK was above 60 in July 1993, months before Fisher signed on (I need to doublecheck date of Fishers arrival -- it only says late 93 at Kodak site). Fisher did have a sterling reputation at Motorola. He has brought longterm debt down considerably at Kodak.

I don't think Fisher deserves applause for selling his options at 80 -- too many stockholders were left holding the bag after he danced away with a tidy profit. A warning in a press release might have been less self-serving and more effective (corporate officers sell stock and options for all kinds of reasons -- often unrelated to fundamentals of the company).

nero
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