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Technology Stocks : John, Mike & Tom's Wild World of Stocks
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To: wlheatmoon who wrote (2059)12/7/2000 12:39:54 PM
From: Logain Ablar  Read Replies (2) of 2850
 
Mike:

On XRX the question will be are we heading into a recession. If so the debt will strangle it while they have to sell assets at firesale prices.

So caution is waranted. Now if they were to bring in a respected executive from outside the stock would have a quick pop but the fundamentals with negative cash flow looks yucky.

Maybe buy it right on December 31 as its flushed completely out of fund accounts.

Now of course I can be wrong but LU is a better bounce play @ this point (and I still don't like the LU fundamentals).

Tim
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