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    #11
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    Quote Originally Posted by Liam Hall View Post
    Looks like the Kodak share price has tumbled back down after news the deal is being investigated for insider trading. I thought this looked odd and have a feeling as this this story unfolds that share price will continue downward.
    Beyond odd. It was absurd to give a loan to a chemical company to make pharmaceuticals. Note that Kodak is in a dire situation financially. So much so that they issued a cryptocurrency that never got off the ground. That indicates how desperate they were/are.

    https://www.theverge.com/2018/1/9/16...er-stock-price

    If that wasn't desperate enough for you, they also put their name on a cryptocurrency mining computer. Desperate times call for desperate measures. https://www.bbc.com/news/technology-44845291

    Clearly, they are grasping at straws for survival. There is always a bit of melancholy when you see a leader in a sector fade away. It's a message to everyone to have your future secured by being able to move to the next thing and not stay stationary in one discipline.


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    #12
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    The very odd thing was the digital patents that Kodak owned. How did they let them selves get so far behind the times? I remember photogs with Nikon bodies and that Kodak imager stuck on the back, whopping 2mp resolution, actually I remember the lower resolution ones too.


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    #13
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    They had plenty of time to figure out a next step. If they had been located in Silicon Valley, maybe they would have had inspiration to move on to other things. Their downtown headquarters was about 70% vacant according to a 2017 article.

    Then there is the research center further out of town - that is one empty parking lot. It must have been quite a place back in the day.

    Kodak Research.jpg


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