Actually looks like XRX might be a nice play for both a quick trade on a bounce and a longer term hold. If it hits the teens on Monday we are talking about a market cap of around 14B, PE of 10, PSR of .8. It's a 20B company! Makes CPQ look like an INUT <ggg>. On the other hand, probably not, who wants a real company these days when Yahoo is worth 100B, and VAlinux I hear is worth around 10B, with no prospect of earnings anytime soon.
John
The stock has had a larger drop this year than CPQ, from around 64 in May to 19 7/8!!! Another story similar to that of Coke, as soon as the new CEO took over (Thoman from IBM, was the CFO at Big Blue), things went downhill fast... |
