posted on March 19, 2001 06:34:15 AM new
from f-edcompany.com
Rumor has it Kodak will shortly be making an announcement of a major move on the Internet. Buzz is that the acquisition is gonna be Yahoo. Weird, I know. Yet not so weird at the same time... Yahoo has been doing some house cleaning, acting like they're getting ready for something... thank you for reading my brilliant commentary.
When: 3/19/2001
posted on March 19, 2001 04:31:59 PM new
I wouldn't be at all surprised if SOMEONE buys Yahoo out soon. But Kodak? That seems so crazy! Hasn't Kodak's stock been way down lately too? Or am I just confused? Mike (my boyfriend) usually recycles my Wall Street Journals before I have a chance to read them and I haven't touched one in well over a week...
which is not to say that I disbelieve your post, I am just expressing surprise. Why, I don't know, because I guess at this point nothing should surprise us!!!
posted on March 19, 2001 05:01:32 PM new
Doesn't sound so crazy to me. One of the biggest uses for home computers (next to internet access) is to store, share, and process, digital pictures.
Kodak entered an agreement with, and sponsors the "You've Got Pictures" on AOL. If you use AOL to store and share pictures and to order prints, its all done through Kodak PhotoNet Online.
posted on March 19, 2001 10:05:35 PM new
This fails the reality test. Kodak's market capitalization is $12 billion, Yahoo's is $8 billion (and Kodak would have to pay more than that). Kodak just has $250 million in the bank.
posted on March 20, 2001 07:11:48 AM new
Well sounds weird, BUT if such were to occur, at least Kodak has a long track record of being USER FRIENDLY, which would definitely be something new for Yahoo! Perhaps, and that is a BIG “perhaps” Kodak could teach Yahoo : Consideration for the buyers of their product; a hint of manners; and why, not to cut off the hand that feeds them!
posted on March 20, 2001 08:57:34 AM new
Just wonder what the worth of the package would have been if they still had a butt-kicking auction site. They destroyed the product then tried to sell it?
posted on March 20, 2001 03:38:49 PM new
The synergy of the 2 companies seems absurd until you consider that Kodak nees to change course if they are going to survive. They have a great brand name but the future of photography is digital. Kodachrome may be king for a long time to come, but for the average Joe, a digital camera and a computer is the way to go. Kodak's traditional business has nowhere to go but South.
posted on March 20, 2001 09:05:47 PM new
I agree with zz. Seems like an interesting idea for expansion to me. Why not go where the photos are? Take a look at how PhotoPoint makes money, for example. Photo processing of digital images, for one (remind you of anyone you know?). Sales of equipment.
I LOVE my digital camera. After over 6 mos. of frequent use, I still can't get over the sheer JOY of no film to buy, store, load; no film to take somewhere else to get processed -- and WAIT; nobody but me to blame for bad pictures, and I can do all sorts of plain or fancy things, the most important of which are to take them over again immediately, as needed, and to crop the livin' daylights out of them! Oh yes, no prints and negatives to store. It's a GREAT life. I'd NEVER go back to film -- and surely Kodak knows that!
