Xerox (XRX) Message Board

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Technology Stocks : Xerox (XRX)

XRX 3.060

+1.7%

4:00 PM EST

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To: Doug Skrypek who wrote (269)	7/26/2000 9:15:00 PM
From: John Koligman	Read Replies (1) of 431

Doug, I hear rumors that the Xerox board is in talks with Ebay to assess the possibility of creating a new internet category to be called B2A. This is 'business to auction'. They want to auction Xerox assets off before Chairman All-hot-aire and President Mulcahy destroy whats left. That said, I previously stated 15 was my target and I'm considering a buy. One item still affecting my thinking is the dividend. Although management has stated 'they will not cut it', that means nothing in my book based on their past pronouncements. A cut might be the bottom, this thing might hit 13-14 based on market action. We are going into the traditional 'worst time of the year' for techs as we get into August/September. Regards, John PS - One other consideration is that any institutions still in will likely dump no later than the end of October. That could be another factor keeping the price down. I remember Compaq last year, I got into it right at fund dumping time, the stock got as low as $18.50 before moving right up to 30 during the holidays, then back down.

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