From Bloomberg yesterday,
Kodak Reorganization Approval Affirms Move From Cameras
"While the new Kodak won’t be the company of “popular imagination,” it will again “be a leader in its chosen field,” its lawyer, Andrew Dietderich, said in court yesterday. "
"Under the reorganization plan, Kodak will focus on a new technology -- touch-screen sensor components for smartphones and computer tablets"
These are not empty words. Kodak will go forward with 7,500 employees with deep engineering and marketing experience, and over $3 billion in annual revenues.
A Blockbuster development for UNXL.
This is a screaming BUY under $20.
marketsite11: you forgot to include the Kodak Moment!!! The squeeze will be called the Kodak Moment!!!
Sentiment: Strong Buy