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Strategies & Market Trends : Three Amigos Stock Thread
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To: Sergio H who wrote (19303)3/19/2000 8:17:00 PM
From: Ken W  Read Replies (5) of 29382
 
Sergio,

The box rumor with XRX is from SI, RB, etc. No real way to comfirm it. Just playing the charts more than anything. I think the move into the small copier market is a mistake for them, as everyone and their brother has a phone,fax,scanner,copier sitting on their desk. Most of these provide enough of a copy for home type use and mostly go un used.

Cost cutting to improve earnings is well received, but that can only go so far. Once the cost cutting is done so is the earnings from that move. XRX trades at a very attractive trailing PE with an acceptable growth rate. However, you know me....I hate snail stocks.

I'm going back to LA in the morning with the bride. Her father passed away early Sat. morning so I'll be away most of the week.

BTW..for what it is worth....I think Greenie will go .50 on the interest rate hike. There was a lot of expensive stock that got shoved to the public last week. Hope I'm wrong.

Ken
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