Word: polaroiding
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...battle in separate though similar technological arenas, the two titans of the U.S. photography market finally meet in the same ring this week. Eastman Kodak Co., which fathered the snapshot almost a century ago, will show off to the press its new line of instant-picture cameras, thus offering Polaroid Corp. its first serious competition* since Edwin Land brought out the Polaroid Land Camera nearly three decades ago and ushered in the instant-photography...
...contest between giant Kodak (1975 sales: $5 billion) and smaller, but well-entrenched Polaroid ('75 sales: $812.7 million), both with large marketing organizations and big ad budgets, promises to turn into one of the flashiest tussles ever. Polaroid chose Oscar night last month to introduce its Pronto instant-picture camera before a television audience of millions; it backed up that campaign with an advertising blitz in national magazines. Kodak has the same eye for glamour. Capitalizing on the Bicentennial, it will begin national marketing of its new cameras on July 4, although some cameras will be sold before that...
...verge of unveiling a new product, Kodak is supersecretive about its cameras. The company's 1975 annual report has two photos of playing children taken by the new process, but the pictures are half-hidden and show only good color reproduction and a rectangular shape (Polaroid's SX-70 system produces square images...
...months ago, found his model an "excellent" subject. "He has an incredible childlike quality," observed Jamie. "He was very concerned that I would use too much red in his skin, or show up a pimple." Warhol, who refuses to hang separately, has already snapped off a batch of Polaroid pictures of Wyeth. The patriarch of pop plans to have his counterpart framed in time for a gallery showing this June...
...growing interest of investors in dividends contrasts sharply with the atmosphere of the bull market of the '60s. Professional money managers then concentrated on price appreciation and ignored dividend yields. The star performers of those days-Xerox, Polaroid and other so-called glamor issues-paid little in dividends, yet held out the promise of higher profits and prices in the future. Now the high flyers' wings have been clipped and such laws as the Pension Reform Act of 1974 mandate a new prudence among managers who invest other people's money. Dozens of "index fund" managers...