Our focus is to generate strong positive cash flow and invest in specific market opportunities, such as instant digital printing.

I am particularly pleased that all of the members of our bank group agreed to remain lenders to Polaroid and support our strategic plan of improving profitability by successfully introducing innovative new products into the marketplace.

Today's announcement puts Polaroid on a more solid footing to enter 1999 poised for profitable growth. During the past 18 months, Polaroid has confronted a series of global economic challenges and has reduced dealer inventories substantially.

If you focus on the negative, you miss all the positive around you.

The equity market is going to begin focusing more on corporate earnings and may even focus on the positive benefits of a little bit of economic activity.

These products all draw on Polaroid's heritage for innovation, ease-of-use, fun and immediacy.