Regardless of it being from the purchase of Textronix color printer business or not, which i am sure most of it is, it is a revenue and income generater and growing at a fast pace.
I have not seen anything about this part being up for purchase, and prey that it is not.
Rather see MANY things sold or cut back before any cut in the HOT InkJet/Color market.
One area where XRX can GROW.
Sell off the fat, venture capital partnerships to reduce CASH Drains,reduce pay role fat, reduce div., reduce waste,Sell Fin. to reduce 11 billion Debt, and PAY DOWN THE DEBT......
A smaller but much more focused XRX, and focused on the growth area's ( such as the color printing )that bring in the CASH FLOW and EARNINGS, not the no or slow growth stuff.
All with much lower Debt draging on the Companies Balance sheet.
Could work! IMHO
Nothing over night, but I do expect to see the changes starting VERY SOON!! Will take time, BUT the wait could be very much worth it. IMO
XRX Bonds held very well today, as reported several times today. Good sign there........ to bad they are just above Junk statues. lol
Bonds will slowly rise as the, HOPEFULLY, turnaround begins.
FujiXerox stock rose again today on more news about them buying half of XRX's 50% share. That side likes the deal A LOT!
Guess I am done running at the.....um.....finger. : ))
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