I'll guess at a low of $3.59 sometime today.
14 replies (most recent on top)
stevie did a good enough job to convince people X is a buy low opportunity cant think of any other reason for the stock to pop
Fiddy
You guys are wrong, as usual.
"Is Xerox a candidate for private equity?"
It kind of is already, as far as bleeding money out and leaving a company to die. 90%+ of the shares are institutionally owned. XRX pays out a dividend every month while losing money. They are borrowing money to pay that out - mostly to large institutional owners.
When there is no more divided juice to be wrung out, they will sell.
The pension has a projected 1.1 Billion shortfall, and they borrow money to pay large investors every quarter?
Buy when its low!!!!
Is Xerox a candidate for private equity? Is that the re-invention end game? Worked out great for Lexmark. Xerox pays out massive Lexmark debt plus ~100 million kicker on top. Maybe throw in a couple of spin offs. Is this on a whiteboard somewhere or is this too far gone?
"All of you are wrong as usual. Don’t give up your day job. Oh wait…. "
Give it a little time. All the numbers were worse than the estimates, and SB refused to revise the yearly forecast. That call was delusional.
All of you are wrong as usual. Don’t give up your day job. Oh wait….
fiddy cent
$3.71
The analyst questions were more pointed today, they usually just roll over on these calls.
So, the Lexmark shareholders haven't signed off on this merger yet?
$3.15
$3.09, it got down to $3.45 a week ago on no news. This is news, and not good.