Anyone
who has been following Polaroid's fortunes over the last six months won't
be surprised by the events of the last week or so. There's been plenty
of talk of bankruptcy, sales and mergers. They've simply not moved quickly
enough to embrace digital photography or digital photo finishing. "Pending
the announcement, Polaroid shares were suspended near the end of trading
Wednesday after falling 30 percent to $1.92 on the New York Stock Exchange
(news - web sites) amid reports it was considering filing for bankruptcy."
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Anyone
who has been following Polaroid's fortunes over the last six months won't
be surprised by the events of the last week or so. There's been plenty
of talk of bankruptcy, sales and mergers. They've simply not moved quickly
enough to embrace digital photography or digital photo finishing. "Pending
the announcement, Polaroid shares were suspended near the end of trading
Wednesday after falling 30 percent to $1.92 on the New York Stock Exchange
(news - web sites) amid reports it was considering filing for bankruptcy."
