Polaroid- was ist da eigentlich los ? - 500 Beiträge pro Seite

[Blue Max]

Der Kurs ist seit Wochen im Absturz, was ist dort los ?

[hoxen]

erst uebertrieb der kurs nach oben (bis 60 $) jetzt prasselt alles wie ein kartenhaus zusammen, nachdem prognostizierte gewinne wohl nicht eingehalten werden! langfristig gehen die entweder pleite oder werden aufgekauft.

[Micky_Maus]

Heute mal +40%, nachdem man mit Canon kooperiert.

[erkilein]

die fundamentalen weichen werden am 12.07. gestellt, da ist deadline für kreditlinien...am 18.07. kommen zahlen, fundamental im moment schwierig zu beurteilen, aber die grundstücke sowie das vorhandene kapital sollten polaroid abdecken--800 mio schulden ist ein klacks gegenüber den 2 stelligen milliardenverlusten der telecoms, dort bahnt sich ein fiasko an.
zumindest der chart sagt aufgrund der bullischen divergenzen "ja" zu polariod und zwar als topgainer der nächsten wochen und monate.

[CBR900RR]

Polaroid mulls bankruptcy filing - WSJ
By Ted Griffith, CBS.MarketWatch.com
Last Update: 4:28 PM ET July 11, 2001




CAMBRIDGE, Mass. (CBS.MW) -- Polaroid shares fell to their lowest level in decades Wednesday following a published report that indicated the instant photography pioneer is considering a voluntary filing for bankruptcy protection.

The 64-year-old company is also in discussions to restructure debt ahead of a looming Thursday deadline on a loan covenant.

Shares of Polaroid, which have been pummeled this year, fell even further after the report and are now down 70 percent since early January. Shares closed off 83 cents, or 30 percent, to $1.87. Earlier, shares had been down as much as 40 percent and touched an all-time low of $1.45.

"There is a panic in the market, that`s obvious," said analyst Ulysses Yannas at Buckman, Buckman & Reid.

Among a variety of alternatives, Polaroid is considering what bankers refer to as a prepackaged bankruptcy filing, according to a report in Wednesday`s Wall Street Journal. Under that arrangement, creditors and the company agree on a plan to rework debt then take that plan to bankruptcy court. Such a filing can improve a company`s financial standing, but can also take months to complete, according to the report, which cited "people familiar with the discussions."

Polaroid spokesman Skip Colcord called the report of a possible bankruptcy filing "speculation" and he said it`s the company`s policy not to comment on speculation.

Colcord did acknowledge that Cambridge, Mass.-based Polaroid (PRD: news, msgs, alerts) needs an extension on a loan covenant that is set to expire Thursday. But the spokesman said the company is optimistic it can win the necessary extension.

"We have a good relationship with our banks and we are having productive discussions," the spokesman said.

Once one of the most successful corporations in the country, Polaroid has been beset by problems for years. The company has lost business because of the rise of one-hour photo processing labs and digital photography.

But Yannas of Buckman, Buckman & Reid said he believes Polaroid can pull itself out of its current downward spiral. The analyst said Polaroid is slashing costs, which should allow the company to return to profitability even as sales fall. He also said the company is introducing new products that are priced competitively with those of rival Eastman Kodak (EK: news, msgs, alerts) .

For the second quarter, Polaroid is expected to post a loss of 69 cents per share, according to the average estimate of analysts polled by First Call/Thomson Financial. The company is scheduled to report results for the period July 18.

Yannas said he expects Polaroid will return to profitability in the fourth quarter.

"I think they can recover," the analyst said. "They are creating an environment where, despite declining sales, they can still show a profit."

Last month, the company announced it would eliminate 2,000 jobs, or 25 percent of its work force, as part of its second restructuring effort of the year. When the cuts are complete, Polaroid will have about 5,500 employees. At its peak in the in the late 1970s, Polaroid had about 21,000 workers worldwide.

Ted Griffith is a reporter for CBS.MarketWatch.com

[CBR900RR]

5:27pm 07/11/01 [PRD] POLARIOD SAYS BANKS GRANT WAIVER OF LOAN COVENANTS

5:27pm 07/11/01 [PRD] POLAROID SAYS IT WILL EXPLORE SALE OF COMPANY

[erkilein]

es wird interessant

[tia]

Ja Erk, sieht so aus..
gruss tia