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Re: legolas233 post# 24745

Monday, 11/15/2010 6:04:01 PM

Monday, November 15, 2010 6:04:01 PM

Post# of 77519
Looks like they were really hurt by Kodak switching to a different scanner, which delayed MMpro. I can't possibly see how they meet anywhere close to $3 M in revs for 2010 when they don't expect the new scanner out until late December. Just bad luck for the company regarding that issue.

I also see they have lost $16 M so far this year. Ouch.

OS increased 53 M or so since the first of the year, not terrible, but not great either.

All in all I hope the stock is at or near a bottom, though after reading this, I can see some people selling either because they are tired of waiting or for tax loss purposes, in which case some more pain is coming. I'll be looking to add some shares if it falls too much.

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