XRX is up 13% over the past 5 days. Looks like the Lexmark deal did what Reinvention could not and got us on the growth path again!
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It was splendid while it lasted, team.
Debt to operating profit is the tell all story. 2024 profit i think was around $42M. Debt is $4B. This is too highly leveraged. Almost reads like a Ponzi scheme. Deep hard cuts are coming in October.
Oh don't you worry - reinvention is coming back. It will look alot like Lexmark.
Give me what you are smoking!
I'm sure Q3 will take care of that. Still short...
Stock goes up when something horrible is about to happen or has already been set in stone behind the scenes. In any company, not just this one.
The kool-aide kids don’t know sarcasm. Anything you throw at them could be a floatation device.
@aa It was meant to be funny. Even with a 13% increase over 5 days, XRX is still down 50% for the year. And, as you point out, Q3 numbers are coming soon. Xerox has little room for missteps. Unfortunately, after cutting costs, ki-ling manufacturing, off sourcing as much as possible, reinvention and trying to buy growth, the decision makers don't know what to do. I am not sure anyone can pull this out of the dumpster.
Any news good or bad, is bad.
Yes it’s probably temporary, but so can your pause on negativity.
Cue the flood of negativity and doomer po-p posting.
@OP too funny. Wait until Q3 numbers come out. You will be back down to reality.
The kook-aide kids in this company are hilarious. Stock goes down they blame headwinds, headwinds, so many headwinds. Fed Rate cut 5 Days ago gives xrx tailwinds? Nope. Xrx went up because the reinvention: austerity, cuts, relabeled Kyocera production box and bought a printer manufacturer that mostly consisted of debt. Xerox leaders so shrewd!