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To: patron_anejo_por_favor who wrote (56151)	1/10/2001 11:59:10 AM
From: yard_man	Respond to of 436258

If they are in trouble now -- how can this help? I mean, if they can't make dollars leasing or financing the sale of their product -- they really are in deep doo-doo More unprofitable leases or increased financing can't help. What they need to do is pull back >>Xerox (XRX) will get $435 million in secured financing from General Electric's (GE) GE Capital finance unit, sources told the Wall Street Journal. This will increase Xerox's short-term cash balance to about $1.8 billion, giving it more breathing room as it tries to turn around its ailing copier business, according to the Journal. The loan, which Xerox has agreed to repay within 18 months, will support the United Kingdom operations of Xerox's own finance arm. In fact, GE and Xerox have been in discussions for months over GE buying Xerox's European financing operations, which helps customers (we're glad to know Xerox still has those) buy or lease the company's copiers. <<