Eastman Kodak

EK-N

There is an excellent possibility that this company is going under. They have so much debt and have been losing money for so long that he thinks they will be dead in the waters. Risk is way too great for him

Owned at one time but sold because of too many danger signals. Market cap of about $300 million, so hypothetically if someone wanted the company, they could offer 66% premium. On the other hand, someone might want to pay $1 billion for the patents without the company. Too risky.

View based on their patent portfolio? Depends on the values of these patents. If they can be monetized, there could be some value.

To continue to survive, they would have to sell their intellectual property assets. Would prefer Eastman Chemical (EMN-N), the spin-off.

Has no earnings so can’t give a model price. They are going to lose $0.70 for next year. Have a lot of cash but hopefully it won’t disappear because of a lack of earnings and as they operate going forward. Very speculative.

(Market Call Minute.) Horrible down cycle.

(Market Call Minute.) It would take a miracle to turn this one around.

Likes big companies that have a lot of working assets. Have a very interesting visual technology for medicare.

Trying to re-invent itself. Has probably bottomed and is headed higher.

The future is digital cameras, not film. Doesn't think they can reinvent themselves.

Had a very unsuccessful reorganization. New management seems to have bitten the bullet and are getting into digital. We'll have a tough struggle. Risky.

Has been pulling back for a long time with lots of pieces of bad news. It doesn't look like it's going to turn around anytime soon.

Stock has been dropping for quite a long time. Poor business model and in a tough competitive space. Will have to make some major changes.

Not sure if there is a long term growth story. Treat as a trading stock. At the lower range now.

Dividend could drop. In a dying industry.

Digital competition is too strong.

Company is in a crisis. All their core products are threatened by digital technology.

Digital photography is a problem for them.

Digital taking over and Kodak is not the choice of camera in digital.

A good short term outlook. Very cheap.

Not happy with mngmnt teams lack of outlook.

As a dividend stock, prefers J P Morgan or Philip Morris. Moving to digital