Eastman Kodak: Exchange your pictures via computer Message Board

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Technology Stocks : Eastman Kodak: Exchange your pictures via computer

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To: Nero who wrote (66)	9/22/1997 2:39:00 AM
From: Nero	of 87

Busy month for EK. After a buy recommendation from Goldman Sachs, EK rose briefly above 70. It turned out to be a golden opportunity for adding to short positions. CEO Fisher announced another poor quarter (didn't he already promise a couple of bad quarters) and the stock plummeted to mid-50s. Enough for me. As a shorter from the 80s, I think EK is finally fairly valued. I sold my puts last week. Good luck to longs, I take no pleasure in your losses. If Fisher is serious about reorganizing, EK can finally begin the long road to recovery. The brand name is still golden. Motley Fool had a good piece, Kodak Exposed. It's well worth reading: fool.yahoo.com nero

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