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Gold/Mining/Energy : Pacific Rim Mining V.PFG -- Ignore unavailable to you. Want to Upgrade?

To: AurumRabosa who wrote (12245)	10/29/1999 11:25:00 AM
From: Bill Jackson	Respond to of 14627

Ron, Kodak regained some share by some aggrssive price cutting in addition the legal actions against Fuji re Japanese market acess led to Fuji allowing their USA share to fall. The general Asian revival accounts for some of the Kodak extra sales. Note they had 8 quarters of dropping film sales. I still feel that less and less film will be used as time goes by. The changeover is all part of the number of computers in homes and the resolution of the cameras. 5 years ago a 400,000 pixel camera was well over $1000, now you get 3-4,000,000 pixels for $1000(US$). 1megapixel cameras are now $300 US$. They are fine for web shots and casual work, like the newspapers and TV A 100 ASA 35 MM color negative is about 2400 by 1700 pixels and this is about 4,000,000 pixels. Still $1000 is a lot for such a camera...yet they have pushed the speed graphics out of the newspaper and TV business some years ago since papers are low resolution. Cameras are dropping in price and going up in resolution so I expect that in 3-4 years the 4 megapixel cameras will be $300 or less(US$) This gives comparable resolution to film cameras at comparable prices and you can see the prints right on your computer and edit them and print them at home at low cost and great convenience. The newer X-ray scanners now give a print on paper or clear plastic with a HP printer....no silver at all. Lower resolution, but good for most work, low cost and low exposure as well, but higher first cost+suited for high volume areas. Jewellery will grow with the population. Electronic use is falling as we go more solid state. These are trends that will see silver decline in use over the next 5 years. IMO. Even 70MM film is threatened as they shift to high res compressed video and over the next 5 years that will also happen so all the prints for movies will go away too. Bill