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Technology Stocks : Xerox (XRX)
XRX 3.060+1.7%Nov 7 4:00 PM EST

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To: HiSpeed who wrote (175)12/11/1999 1:35:00 AM
From: Moneysmith  Read Replies (1) of 431
 
I sense a management shakeup. The board cannot be happy with the way the CEO and CFO seem to be slow to hear the news. There is something that smells here and I think it is lousy top management. They can't keep blaming Brazil,Y2K, and US exchange rates forever. The dividend is not sacred and could be trimmed as part of a general restructure. Wall Street does not take prisoners; in this market of soaring tech XRX sticks out like a sore thumb as an underachiever. I can't see many money managers buying the stock when they could buying from a long list of obvious winners..XRX meet Compaq. Verdict: HOLD
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