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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (8561)10/8/1999 12:17:00 PM
From: Terrapin  Read Replies (2) of 78485
 
Hi Armin,

Re: Xerox

Throwing out the baby with the bath-water? It sure looks like it. But the reasons given by management also sound pretty ominous: increased competition, unfavorable product mix, restructuring. Increased competition, well, what can you do. But the last two sound like management's responsibility. (plus a pretty high debt level)

If I am to buy this stock as a growth-stock-at-value-prices then I am going to have to have some reason to suspect that management can overcome these obstacles. I do not watch this company so I'll leave it to the thread to comment on that.

If I am to buy this stock as a market-overreaction-value stock then your guess is probably better than mine. I have not done too well with these since the ones that I buy tend to continue lower in fits and starts. If anybody has any tips on doing this successfully I am more than willing to listen! :)

Could be a great opportunity to get into a large technology company so I will look into it this weekend. Hope this isn't another case where the market moves faster than I do!
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