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Technology Stocks : Eastman Kodak: Exchange your pictures via computer
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To: Brian Pastor who wrote (70)10/14/1997 7:22:00 PM
From: Nero   of 87
 
Yup, the Street sure liked the workforce news. I feel like Fisher and EK have finally heard the clarion call and they are ready to make hard choices.

From earnings statement: '' . . . 20% reduction in its management ranks, which it initiated in early October. Additional actions will follow this year to reduce employment in general and administrative support areas throughout the company.''

I also agree with your timing, Brian. For those in a speculative mood, the Street tries to look ahead and if Kodak carries through with promises, a buying opportunity may present itself with the next dip into the low 60s or high 50s. Too dicey for me, but I'm gonna keep an eye on EK.

nero
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