Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (50322)	12/12/2012 12:38:16 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78525

"I have several close relatives who still work there." I worked there when it was a monopoly (Ah, those were the days! Money was available for everything.) and sad-to-say, I was there for many more years thereafter (monopoly gone; wasteful, incompetent, and crooked top management).

To: richardred who wrote (50322)	12/12/2012 2:51:45 PM
From: Sergio H	Read Replies (1) \| Respond to of 78525

Rick, I've read the critisism on XRX's CEO. One of the critiques is that the co. retains a stable of airplanes. Well, I have a close relative whose job it is to maintain those babies, so I'm prejudiced on that subject. But in a tough competitive market, retaining customer base has to be a significant achievement. I don't think people really understand what XRX is. Here is an excerpt from an interview on NPR on Ursula Burns: "A lot of people enjoy the benefit of E-ZPass, which means when you go through a toll, you don't have to stop and put cash into those things. ... Xerox manages the infrastructure of E-ZPass for a large number of states. ... So when you say E-ZPass, or get some bill from E-ZPass, or call and ask a question, you're talking to a Xerox person. We manage that infrastructure. "If you get a ticket for running a red light in certain states ... Xerox actually provides the installation and management of the camera systems [and] the back-office system to assure that we're sending the ticket to the right place. ... "If you live in the state of California and you have anything to do with Medicaid, the entire communication — the statement of benefits and the locking together of the services provided and the payments that you got — is done by Xerox Corporation."