|
Post by it2012 on Sept 10, 2012 8:23:32 GMT -5
for 2012?.. ;D
|
|
|
Post by Admin on Sept 10, 2012 8:29:40 GMT -5
Looks that way!
A couple more announcements like this and we are in the black!
SBG
|
|
|
Post by it2012 on Sept 10, 2012 8:33:17 GMT -5
First, thanks for the invitation. This is much better than yahoo's board.
And, about the 330 million, it just shows how easy it can be to execute a profitability plan when you are in chapter 11. This supports the argument that Kodak filed BK in order to execute its work force reduction leading to profitability plan.
|
|
|
Post by stevelwr on Sept 10, 2012 10:11:42 GMT -5
Still good news long term, but don't count the money too quickly. I am sure most if not all of these terminations have buyout provisions for up to a year or more, so it may take a while for it to filter down to the bottom line, after these one time charges.
|
|