Kodak Shareholders Focus on $40 Target as Digital Revenue Remains Elusive

Julie Won, who helps manage $200 million at Hanson Investment Management, has endured ``snickers and giggles'' as a shareholder in Eastman Kodak Co., the camera and film maker struggling to remake itself into a ... via Bloomberg.com

[SIMON]

Spin won't make it happen.
$40/share is a wish of those who bought it at $60 some years ago.
As film profits go totally away, so will Kodak.
Move along. It's all over. Nothing to see here.

[Mike_B_ in_SC]

A $40 share price for Kodak stock is just wishful thinking. The only way I see it reaching anything near that price would be thriugh wild takeover speculation. As an ex-Kodak employee, I would advise Kodak stockholders to sell if it ever gets back to $25/share and consider yourself lucky, and if it drops below $21/share, sell and cut your losses.

[AMD]

sell sell sell before they go out of business I can't see kodak being
around much longer

[Mike_B_ in_SC]

The last time I looked Kodak stock was at about 21 and a half dollars. If I owned any of it I'd be selling.

[Mike_B_ in_SC]

All the bad management that has pulled Kodak shareholders into the cesspool will escape with golden parachutes. The employees have been screwed, the customers have been screwed, and the shareholders have been screwed, but Perez and those responsible will be rewarded with millions of dollars in pay and bonuses derived from their cannabalization of the company.
As I told you before, sell your Kodak stock now, before it dips below $20/share. The last time I looked it was under $21.

[Mike_B_ in_SC]

I hope Kodak shareholders took my advice and sold their stock, as it lost over $1/share today, more than 5%, and closed well below $20/share.

[Mike_B_ in_SC]

Another day, and another half-dollar drop in Kodak share price. Lost over 2.5% of its value today. Kodak shares may never see $20 again, much less $40.

[Mike_B_ in_SC]

And today Kodak stock closed at just over $18/share.

[AMD]

here is part of an artical I read.... "At Kodak, where shares are down 17 percent since Jan. 1, spokesman David Lanzillo said the company doesn't comment on stock price issues."

[Mike_B_ in_SC]

And yesterday Kodak stock lost nearly 5% and closed under $17/share. That $40/share is getting farther and farther away.

[Mike_B_ in_SC]

I think $4/share is more likely than $40. I wouldn't buy it at any price!

[Benson Hodges]

$40/share? Ten years ago, the stock was ~$80 a share, now $17 a share. Is there any hope that EK will ever get above $20/share. The company has been mismanaged since the days of George Fisher, and he dumped his shares at $80+/share. The stock has been on a steady downfall since then.

[Mike_B_ in_SC]

And now it's trading in the low $16 range.
Time is short!

[Mike_B_ in_SC]

And thursday Kodak stock closed at $15.76, well on its way down to the $4 target.
The handwriting is on the wall!

[Mike_B_ in_SC]

Kodak's share price lost another 26 cents, over 1.5% friday, closing at $15.50!

[Mike_B_ in_SC]

With Kodak's share price falling to $15.16 today, it is now poised for a drop into the $14/share range, only $10 away from that $4/share price. I expect the next ten-dollar drop to happen fairly quickly, after all, it only took months for the last ten-dollar drop! Hope you have a parachute, it's time to bail out!

[Mike_B_ in_SC]

Well, I have to admit that I didn't expect it to happen this fast! After all it was less than 24 hours ago that I said -

"With Kodak's share price falling to $15.16 today, it is now poised for a drop into the $14/share range, only $10 away from that $4/share price. I expect the next ten-dollar drop to happen fairly quickly, after all, it only took months for the last ten-dollar drop! Hope you have a parachute, it's time to bail out!"

BUT, today, Kodak's share price lost nearly $1, well over 6% of its value and closed at $14.21/share. NOW it is poised for a drop into the $13 range.

It looks to me like time is very, very short for Perez and company, and I don't think it could happen to a more deserving group. Unfortunately the top management will escappe with their Golden Parachutes, and employees and stockholders will be left holding the empty bag!

[AMD]

this is what happens when when a company thinks that just their
name will bail them out of hard time's I say the stock will be $3 by
the end of July

[Mike_B_in_SC]

Monday, Kodak fell 4.5% to close at $13.57!
This is happening really, really fast folks!
Cut your losses and save what you can!

[Mike_B_in_SC]

This is ugly! Kodak selling at $12.63/share?
I think maybe it's time to put the Kodak Theatre on the auction block!