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Technology Stocks : Xerox (XRX) -- Ignore unavailable to you. Want to Upgrade?


To: zakaran who wrote (312)10/16/2000 3:50:29 PM
From: Dan Hamilton  Respond to of 431
 
Xerox Plummeting About 22% as Cash Fears Mount
By TSC Staff

10/16/00 2:00 PM ET

Xerox (XRX:NYSE - news) was down 22.2% in early afternoon after touching a
52-week low of $6.75. The stock was rocked last week by rumors the company
would file for Chapter 11 protection, and fears of a cash crunch at the troubled
copier maker were reportedly continuing today. Xerox is down 49% in the past
three months.