Word: kodak
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Wall Street investors, who have been smitten by Kodak stock for the past two years, last week bid its price up to a six-year high of 93⅝ a share on the basis of an expected surge in the company's earnings from the full range of Kodak products. Said Brenda Landry, a photographic industry analyst for the Morgan Stanley & Co. investment banking firm: "Kodak is one great company. It is the one company that under a single corporate umbrella combines chemistry, optics and electronics...
...Kodak's strength lies not just in its dominant market position but in its technical and research prowess as well. The firm is currently spending 6% of gross revenues, or nearly $2 million a day, on research and development. That rate is about three times the average for large U.S. firms...
...company's new film represents an important technological breakthrough. For years researchers seeking to devise high-speed color print films have been stymied by the difficulties involved in increasing the light sensitivity of photographic film without producing grainy or fuzzy pictures. Kodak scientists overcame this problem by in effect redesigning the physical structure of the silver halide crystals that form the light-sensitive coating of unexposed film. In their changed shape the crystals now are flatter, with more of their surface area being exposed to light on the film itself. This lets less light do more work, thereby making...
...Kodak officials last week unveiled yet another feat of imaging wizardry: a prototype video display unit that allows Disc photos to be electronically displayed on home television screens. Sony Corp. of Japan is planning to sell an all-electronic camera, the Mavica, that also displays images on TV screens. Kodak's products will probably have the market advantage of lower cost. Sony's Mavica is expected to retail for $650, and a shutterbug will have to spend an additional $220 for a viewing device. On the other hand, industry analysts expect that a complete Kodak package of Disc...
...stock market picture on page 88 is believed to be the first journalistic use of Kodak's new film. It was shot under available light at l/30th...