SI
SI
discoversearch

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.
Technology Stocks
Lanier Worldwide, Inc (LR) - Digital Document Management
An SI Board Since July 1999
Posts SubjectMarks Bans Symbol
72 1 0 LR
Emcee:  Walter Morton Type:  Unmoderated
Lanier Worldwide, Inc., a $1.4 billion subsidiary of Harris Corporation (HRS), has submitted an application to list the Lanier shares on the New York Stock Exchange under the symbol "LR."

Harris Corporation (HRS) will retain approximately 10% of the Lanier shares.

It is believed that separating the two companies (LR and HRS) will enhance the ability of both LR and HRS to focus on strategic initiatives and new business opportunities, as well as to improve cost structures and operating efficiencies and to design equity-based compensation programs targeted to its own performance.

Further, LR management expects that the transition to an independent company will heighten Lanier management's focus,provide Lanier with greater access to capital, and allow the investment community to better measure Lanier's performance relative to its peers.

LR's Business

- Over 1,600 sales and service locations in more than 100 countries;
- Health care information management system
- Dictation equipment
- Digital copiers
- Analog copiers
- Color copiers
- Facsimile machines
- Multifunction devices
- Aftermarket service and support (parts and supplies)
- Legal outsourcing support services

Interesting Fact:

LR relies on outside suppliers to manufacture the products that it distributes, including Ricoh, Toshiba, Canon, Sharp and Okidata. LR seeks out the "best-of-breed." Selected products undergo rigorous testing by Lanier, and upgrades are often recommended to the manufacturers in order to meet Lanier's demanding standards.

An example of this: edig.com


LR's National Customers

Abbott Laboratories,Corning, Inc., CountryWide Home Loans, Federal Express, Merck & Company, Inc.,Minnesota Mining & Manufacturing Co. and the National Aeronautics & Space Administration (NASA)

LR's Goal

Become the leading global provider of document management solutions and related services and support.

LR's Strategies:
- Cultivate its "best of breed" sourcing relationships;
- Deliver integrated document management solutions;
- Focus on customer satisfaction and retention;
- Maintain and develop its effective marketing initiatives;
- Attract, retain and incentivize its high caliber employees; and
- Add revenue and income through selective acquisitions.

For More Details on Risks, Competition, Financial Performance

See the 10-12B and 10-12B/A filings ( freedgar.com ).

Good luck with your investment decision.

Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
72Looks like the Lanier sale deal has passed muster: Message 15242569PartyTime-1/25/2001
71Ricoh to Buy Lanier for $911 Million in Cash, Debt (Update7) 11/29/00 11:16:00 PKathleen capps-11/30/2000
70Wow, fantastic news. KathleenKathleen capps-11/30/2000
69Ricoh Makes Tender Offer for Shares of Lanier Worldwide Inc. WEST CALDWELL, N.JeZee-11/29/2000
68LR stated in the earnings conference call that it is in jeopardy of being delistWalter Morton-10/27/2000
67Earnings Conference Call with Questions & Answers: videonewswire.comWalter Morton-10/27/2000
66Xerox, expecting big losses, sheds jobs and stop financing customers who want toWalter Morton-10/24/2000
65An interview with LR's CEO 10/2/2000: twst.comWalter Morton-10/9/2000
64New products announced: quicken.com quicken.comWalter Morton-9/29/2000
63Link to conference call: play.rbn.comWalter Morton-9/13/2000
62Just another person's opinion. I like to read facts issued by the company. Walter Morton-9/11/2000
61I've got a major position in LR and glad to see the recent uptick. Long terKathleen capps-9/11/2000
60LR wins award for the product line it is trying to divest:http://www.healthcompuWalter Morton-8/25/2000
59A couple of interesting Posts from yahoo: I CAN'T STAND IT! by: supertech53Kathleen capps-8/10/2000
58Allen, I've only been doing this for a few years so maybe that's the reKathleen capps-8/9/2000
57Allen, I've bought shares between 9/16 and 3/4. I was impressed by the conKathleen capps-8/9/2000
56Kathleen, nice post on LR. Thanks. I was surprised to get another chunk at 1/2Allen Furlan-8/9/2000
55I think Lr looks good for the long term and I've started accumulating sharesKathleen capps-8/9/2000
54From the Atlanta Business Chronicle Editor's Notebook Lanier WorldwideKathleen capps-8/9/2000
53"Due to the timing of our restructuring savings and a full year of interestWalter Morton-8/4/2000
52Earnings on Internet conference call: biz.yahoo.comWalter Morton-7/28/2000
51I wonder why LR did not make a deal with ITRU instead of COPY: biz.yahoo.com IWalter Morton-7/24/2000
50Walter, I certainly appreciate the risk with a highly leveraged business. I recAllen Furlan-7/23/2000
49You realize the street is known for changing its mind. LR is in an industry knoWalter Morton-7/20/2000
48Walter, do you have inkling as to the street's disdain of LR. I have sent fAllen Furlan-7/20/2000
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):