It gives you the time to negotiate without a gun on your head in a more orderly fashion. Maybe they'll sell the company, or maybe they'll continue operating. I am convinced it can be operated profitably.
More Quotes from Ulysses Yannas:
They're looking to cut their debt down to half. That's the long and the short of it.Ulysses Yannas
This news shouldn't come as a surprise. They deal with the lowest income customers, on average.
Ulysses Yannas
It's good for Wal-Mart to get into California but it's not as if Wal-Mart's future depended on this vote, ... At the same time, what the Inglewood decision could have some effect on is Wal-Mart's attempts to get closer to metropolitan cities, especially if we see other cities around the country putting up similar opposition to having Wal-Mart in their neighborhood.
Ulysses Yannas
People are going to start seeing that this company has become the leader in digital imaging, and that Kodak doesn't need the film anymore to succeed.
Ulysses Yannas
This is not good. It was a bad year, so they were . . . writing off everything they can.
Ulysses Yannas
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