Dow dumps Kodak...

Thread view:

Enable EMail Alerts

Start New Thread

Thread rating:

mm - 01 Apr 2004 16:31 GMT

http://us.rd.yahoo.com/mymod/hdln/rb/sty/*http://story.news.yahoo.com/news?tmpl=
story&cid=580&e=1&u=/nm/20040401/bs_nm/markets_dowjones_dc

Reply to this Message

PSsquare - 01 Apr 2004 22:12 GMT

.. and it dropped AT&T. That is a bigger story unless you are obsessed with
bashing Kodak.

PSsquare

http://us.rd.yahoo.com/mymod/hdln/rb/sty/*http://story.news.yahoo.com/news?tmpl=
story&cid=580&e=1&u=/nm/20040401/bs_nm/markets_dowjones_dc

Reply to this Message

mm - 02 Apr 2004 01:07 GMT

> .. and it dropped AT&T. That is a bigger story unless you are obsessed with
> bashing Kodak.
>
> PSsquare

Has someone been sniffing too much Acetic acid? Just making a point...hardly
what I'd consider ""obsessive". And what of International Paper?

Uh oh, there I go again....

Reply to this Message

David Nebenzahl - 02 Apr 2004 05:23 GMT

On 4/1/2004 4:07 PM mm spake thus:

>> .. and it dropped AT&T. That is a bigger story unless you are obsessed
>> with bashing Kodak.
>
> Has someone been sniffing too much Acetic acid? Just making a point...hardly
> what I'd consider ""obsessive". And what of International Paper?

Did any of you even bother to read the story?

All DJ did was drop Kodak *from the Dow Jones Industrial Average*. They didn't
kick them off the stock exchange. Sheesh.

Signature

... but never have I encountered a guy who could not be bothered
to make his own case on his own show.

- Eric Alterman on his appearance on Dennis Miller's bomb of a show
on CNBC (3/17/04)

Reply to this Message

John Walton - 02 Apr 2004 14:09 GMT

Usually a good time to buy.

Jack

> > .. and it dropped AT&T. That is a bigger story unless you are obsessed
> with
[quoted text clipped - 6 lines]
>
> Uh oh, there I go again....

Reply to this Message

Gregory W Blank - 02 Apr 2004 02:32 GMT

> .. and it dropped AT&T. That is a bigger story unless you are obsessed with
> bashing Kodak.
> PSsquare

Maybe because AT&T is being aquired by Cingular Wireless. The Dow can not
list the company if they cease to exist.

Signature

LF website http://members.bellatlantic.net/~gblank

<<<For best results expand this window at least 6" at 1152 x 768 resolution

Reply to this Message

Nick Zentena - 02 Apr 2004 02:51 GMT

>> .. and it dropped AT&T. That is a bigger story unless you are obsessed with
>> bashing Kodak.
>> PSsquare
>
> Maybe because AT&T is being aquired by Cingular Wireless. The Dow can not
> list the company if they cease to exist.

AT&T wireless is being bought. AT&T long distance still exists but it's
just a shell now. No wireless no cable.

Nick

Reply to this Message

Norman Worth - 03 Apr 2004 15:12 GMT

Dow Jones tries to pick stocks for its average that reflect the performance
of the market as a whole (or at least the blue chip segment of it).
Apparently they feel that EK, T, and IP are no longer performing in a manner
that parallels the general market in a reliable fashion, and they have tried
to select some more representative stocks. That happens fairly frequently.
It doesn't say anything about the stock except that it does not track in a
manner suitable for index use.

http://us.rd.yahoo.com/mymod/hdln/rb/sty/*http://story.news.yahoo.com/news?tmpl=
story&cid=580&e=1&u=/nm/20040401/bs_nm/markets_dowjones_dc

Reply to this Message

Hemi4268 - 03 Apr 2004 22:30 GMT

Hi

Go to the internet and pull a history of Kodak stock. You will see it's about
the same value today as it was in the early 70's.

A $1000 investment in Koday in 1973 would bring about $1200 today. A $1000
investment in Merck in 1973 would bring about three million in 1999 and about
1/2 that today or 1.5 million today.

Larry

Reply to this Message