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To: SWAMPSNIPER
Didn't they start off as a chemical company? And the camera stuff was a way to sell chemicals?

It's been 40 years since I read their story in some 60s magazine.

/johnny

9 posted on 02/09/2012 11:11:29 PM PST by JRandomFreeper (Gone Galt)
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To: JRandomFreeper

Yeah, a lot of chemicals are used in film developing. The cameras were just the cheap hardware, the money was always in developing and printing the pictures off the film.

If you can’t see your business model dying, you aren’t going to continue.

Spent most of my career in luxury hotel accounting. We used to make good money off phone calls through rooms and pay phones and long distance service charges. Business travelers didn’t care how much it was back then. Now with cell phones etc. that revenue stream dried up.


12 posted on 02/09/2012 11:27:07 PM PST by Fledermaus (I can't fiddle so I'll just open a cold beer as I watch America burn.)
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