Word: camera
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Dates: during 1990-1999
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Zoom forward to last week, when Fisher's strategy seemed to be coming a cropper--to say nothing of being in need of cropping. With the company's new computerized camera systems running up hundreds of millions of dollars in losses, and its mainstay 35-mm color film under attack from lower-priced Fuji Photo Film in the U.S. and a strong dollar abroad, Kodak said its 1997 operating earnings could fall as much as 25% below the results for last year. That marked the third distress flag on Kodak earnings this year and caused the company's stock...
...Kodak's bets on the future have so far brought more problems than profits. After investing billions of dollars to create the industry's most extensive line of digital cameras, Kodak could pile up losses of more than $100 million this year, and some analysts doubt that the effort will ever pay off. The devices (price range: $200 to $900) record images on microchips for computer users. But the field is already glutted with dozens of rivals, from traditional camera makers such as Canon and Nikon to Silicon Valley giants like Hewlett-Packard. Fisher counters that naysayers saw few profits...
Nonetheless, Fisher readily admits that Kodak botched the launch last year of its 24-mm Advantix camera (price range: $50 to $250), the company's other major new high-tech consumer product. Kodak figured that shoppers would snap up a camera that loaded film in snafu-proof cassettes and produced high-quality photos that could be captured on film, filed easily and transferred to computers. But the launch, estimated to have cost $100 million, faltered for a lack of sufficient cameras in stores and a shortage of processors equipped with gear to develop the images. Now, for a fresh...
...before he slipped into the cocoon of the vice presidency--the line on Al Gore is nearly unanimous. In private the Vice President can be an inordinately charming fellow: informal, enthusiastic, self-deprecating, with the kind of knowing wit that many baby boomers admire. But switch on a TV camera or get him in front of a crowd, and a mysterious alchemy transforms him into solid oak. This is the Al Gore the public has come to know--something akin to the robotic Abe Lincoln at Disneyland, only less lifelike...
...came into Champmesle late, around 10, but didn't drink anything there. He didn't have time. He had just got a call on his cell phone and announced, "Gotta go to work. See you later." He jumped into his black Austin Mini and headed to the Ritz. Surveillance-camera videotape released last week shows Paul's car pulling up in front of the Ritz. Though there was enough space there to park a couple of moving vans, Paul curiously executed several unnecessary back-and-forth maneuvers. It was then about 10:08. Exactly what he did during the more...