Friday, September 30, 2011

Kodak in trouble‏

http://www.foxbusiness.com/markets/2011/09/30/kodak-in-free-fall-stock-plunges-60/

Kodak is headquartered in Rochester NY. When I was in college from 1991-1995 Kodak was in trouble the entire time I was up there. They were always laying off thousands of employees which devastated Rochester. The three big companies up there are Kodak, Xerox, and Bocsh and Lomb. They were all laying people off back then.

In those years it was before digital cameras. I can’t image what Kodak does today. Nobody uses film and they aren’t a player in digital. My guess is they will go the way of Pontiac. Bye Bye….. It will be another Corporate America success story. That private sector sure knows how to do it up right.

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