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Re: [APML] Last Gasp for SprintScan 4000



Dale-

I sure agree--the financial sharks are circling. I do think that most of
their products, including their scanners that work well with astropics, will
continue to be sold by some entity, probably with the Polaroid name.

Andy

----- Original Message -----
From: "Dale Ireland" <direland@drdale.com>
To: <astro-photo@seds.org>
Sent: Friday, October 12, 2001 4:51 PM
Subject: RE: [APML] Last Gasp for SprintScan 4000


> Andy
> I am no financial whiz but last year they had 2 billion in assets and 100
> million in profits on a billion in sales. Now they are reorganizing with a
> bailout package of only 50 million. This sure doesn't seem like the whole
> company could go down the drain with a relatively small deficit like that.
> However, they are living up to the evil corporate image by taking the
first
> chunk of flesh right out of their own company retirees and cutting off
their
> health insurance and other benefits, that really sucks. I have always been
a
> big Polaroid booster but that is low.
> Dale



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