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Ulysses Yannas  Quotes
Who goes out now and pays $350 bucks for a Coach bag? In times like these, you don’t really go for fashion, you go where you can get the necessities.

—Ulysses Yannas

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This news shouldn’t come as a surprise. They deal with the lowest income customers, on average.

—Ulysses Yannas

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If you look at last September, when they announced the [digital] program, everyone said they couldn’t execute,

—Ulysses Yannas

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This news shouldn’t come as a surprise,

—Ulysses Yannas

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[Kodak] is back,

—Ulysses Yannas

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Many retailers have gone through the season constantly lowering prices. Sure, you create sales but at what cost?

—Ulysses Yannas

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I’m a fan, an optimist,

—Ulysses Yannas

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I don’t think Wal-Mart will have as bad a year as everyone thinks they will right now.

—Ulysses Yannas

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No question this is a positive, … Kodak’s strengths include wide product range, ease of use and a brand name with high recognition.

—Ulysses Yannas

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The Eckerd sale is definitely good news for Penney on two fronts. They’ve generated substantial amount of money from the sale. Secondly, Eckerd was a continuing diversion of management’s time. That also is resolved somewhat,

—Ulysses Yannas

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Money
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Wal-Mart isn’t a home run.

—Ulysses Yannas

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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...

—Ulysses Yannas

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They don’t have a history as a digital company but they have the three requirements to support it: technology, management and ? more important probably than anything ? distribution. Their deliverance cannot happen in one...

—Ulysses Yannas

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Company
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The big thing for me is to get a better idea of what happened.

—Ulysses Yannas

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No question this is a positive. Kodak’s strengths include wide product range, ease of use and a brand name with high recognition.

—Ulysses Yannas

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I suspect the scenario is they’ll get themselves an extension.

—Ulysses Yannas

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This is not good. It was a bad year, so they were . . . writing off everything they can.

—Ulysses Yannas

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Some of us were looking for $175 million in digital earnings.

—Ulysses Yannas

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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...

—Ulysses Yannas

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The stock, any way you slice it, is attractive at this stage,

—Ulysses Yannas

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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

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You first have to sell the digital cameras, the printers, the medical equipment for them to generate profits.

—Ulysses Yannas

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Cameras
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They’re looking to cut their debt down to half. That’s the long and the short of it.

—Ulysses Yannas

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Olympus has no printing capability. Opal and Onyx would give them the printing capability.

—Ulysses Yannas

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Capability
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With the new technology, the images can be created using anybody’s camera, and the cost to print the film is about the same as for 35 mm prints.

—Ulysses Yannas

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They were trying to protect their turf in film when they could have been more forthcoming and aggressive in digital technology,

—Ulysses Yannas

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The banks will see this through the year’s end, how fast this restructuring plan is taking hold,

—Ulysses Yannas

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