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stylex022

07/31/12 1:24 AM

#8057 RE: David42 #8056

If we see a fraction of that in the pps, you'll have a lot of happy people. Considering too, I would say most people are in around a quarter. Interesting tidbit. I recently watched through the credits of an acclaimed summer blockbuster staring a certain masked hero. At the end of which I noticed they used Kodak's cinema film. Come to find out, after a little reading, a vast majority of television and cinema productions are still shot on Kodak film stock. This patent bid is just to get the beast rolling again. Whatever pps you've averaged down to, we'll all come out the other side with $$$
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RoyDMercer

07/31/12 9:35 AM

#8059 RE: David42 #8056

I'm guessing you need to do the math again.
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OldBen

07/31/12 6:29 PM

#8061 RE: David42 #8056

Ok, I will do the math for you. There are about 272 million shares. Kodak has borrowed about 1 billion to get through the bankruptcy. They are scheduled to be paid first in the Bankruptcy. So, that 2.6 billion you referenced get reduced by to 1.6 billion in theory?? 272 million * 6 = 1.6 billion.

So, $6 ??? This is not as easy as that calculation above. Price/Earnings ratios work better for companies that have positive earnings. Kodak still loses money each quarter. So, where does that factor in??? What will the "equity" be after the sale?? $2 or $3 per share more or less???

This should be much higher than .33 I don't know if people don't think Google or Apple will buy or they don't want take a chance. We should be over .50 right now working our way to $1.00 in my opinion.