KODAK Chapter 7
Jan 6, 2012 07:17:54 #
Roger Hicks
Loc: Aquitaine
WxGuesser wrote:
Eastman is doing great, Kodak isn't-the problem is management.
The rot set in when they passed over Carl Kohrt, an engineer with a background in the business, and appointed a salesman as CEO instead. A mistake they have since repeated, twice. There are some great people at Kodak, the best in the business. Unfortunately, they're not in charge.
Cheers,
R.
Jan 6, 2012 07:42:34 #
woodworker236
Loc: Western, Pennsylvania Home of the first JEEP
Roger Hicks wrote:
quote=WxGuesser Eastman is doing great, Kodak is... (show quote)
Jan 6, 2012 07:44:16 #
I paid over $5,500 for my first digital camera back in 1994, maybe 1993. It was a Kodak and had a whopping 1MP. When it finally died in 2003, the camera store wanted $250 just to diagnose what was wrong with it. There sitting on their counter were 20 new digital cameras, all for less than $250, and all with 5MP or more. I guess you know what I did.
Jan 6, 2012 08:01:53 #
hopeefully, when they sell off their assets,someone will buy and keep the film and prosessing afloat.
Jan 6, 2012 08:53:46 #
06harley
Loc: NY/Pittsburgh,PA
Kodak's biggest problem was they got involved in to much and lost their A.. Camera people do not belong in the drug business. Rochester NY will suffer greatly without Kodak.
Jan 6, 2012 10:18:15 #
06harley wrote:
Kodak's biggest problem was they got involved in to much and lost their A.. Camera people do not belong in the drug business. Rochester NY will suffer greatly without Kodak.
Hello from Kodak country.........you're right getting involved in other stuff like the drug business. Salesmen........the corruption of any company. I don't think Kodak will totally disappear once they go into Chapter 7 but because of being in the digital age there will be a lot of employee downsizing and re-education. They've already let a lot people go and tore down some of their buildings. Kodak depended to strongly on it's reputation and it's name and waited too long to really go digital even tho they got it started. Kodak will never die but it will never be a world reknown name again either. When you really look at Kodak management history, it would almost make you think there was some implanted corruption going on.
Jan 6, 2012 10:23:15 #
donrent
Loc: Punta Gorda , Fl
"When you really look at Kodak management history, it would almost make you think there was some implanted corruption going on."
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Now why 'o why am I immediatly drawn into thinking of a political situation we now face ????????????? :(
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Now why 'o why am I immediatly drawn into thinking of a political situation we now face ????????????? :(
Jan 6, 2012 10:31:42 #
alliebess
Loc: suburban Philadelphia
That is really sad news. My first camera was a Kodak box camera and Kodak film. Even had a little home darkroom where I made contact prints, using all Eastman Kodak chemicals and Kodak paper. Then graduated to a Kodak Signet 35mm which I used for years until moving on to a Pentax K1000. First digital camera was a Kodak Z740 which I still use and love.
Jan 6, 2012 10:32:24 #
Hate to say it but my undertanding is Kodachrome is already gone. Maybe Paul Simon can redo the song with "Mama don't take my megapixels away"
Jan 6, 2012 10:33:54 #
docrob
Loc: Durango, Colorado
rfbccb wrote:
Just finished reading a sad story in the Wall Stre... (show quote)
guess they weren't too big to fail
Jan 6, 2012 11:18:52 #
I'm not sure if this a true story or not, due to I don't trust the magazine I read it from, but at one point back in the mid 80's, Steve Jobs went to Kodak with an offer to let them in on the new idea he had. As the story goes, the management leaders fell asleep during the presentation. You always have to keep your eyes open to new possibilities....
Jan 6, 2012 11:21:29 #
I started with a kodak DC-50 moved to a DC-260 and then on to a DC-265. Kodak then announced they were getting out of the semi pro camera business.
I move on to an olympus E-1 and then to a Nikon D-300.
I move on to an olympus E-1 and then to a Nikon D-300.
Jan 6, 2012 11:38:36 #
rfbccb wrote:
Just finished reading a sad story in the Wall Stre... (show quote)
One other really sad point is that they want to not have to pay retired employee's their benefit's as part of the chapter 7. This is the real crime.
Jan 6, 2012 11:48:54 #
JustBNme
Loc: The Darkside...
kintekobo wrote:
Ah! Mamma don't take my Kodachrome away!
Too Late...Kodachrome is no longer avaiable :-( :-( :-(
Jan 6, 2012 11:57:27 #
Kodak is going into Chapter 11, They are trying to determine ways to reorganize and re-think the company as a whole. People tend to forget that they are not just the essence of Photography as we have all none. They are in Medial, Dental, Photography, as well as chemicals used in several other industries. It started this process a couple of years ago by divesting it's self of it's Dental product group. I am confident that the name and importance of Kodak in all of it's other fields will continue to be an important part of our economy.
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