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Technology Stocks : Lexmark Intl. (LXK)
LXK 40.490.0%Nov 29 4:00 PM EST

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To: Holger Johannsen who wrote (99)12/23/1997 10:14:00 AM
From: Chuck Oliver  Read Replies (1) of 160
 
Just some info....
I noticed your recent posts to Holger Johannsen. You probably know that Lexmark was IBM subsidiary and broke off. They are a US company based out of Lexington Kentucky, and have little to do with Asia.
Their printers are off the same patent that HP, that is, each printer cartridge has the print head that is laser cut to a 480 screen. It makes a 1200x1200 dpi sheet in just four passes where Epson takes 14 passes. It beats Canon's 280 acid etched print head and 780x600 dpi. But the most important fact is that sales are up. The earnings look like they should do like last time. They should be good to 40+ by February. PE is currently around 17-19.
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