Direct quote from earnings call "we can see the future, things you can’t see"
If this isn't proof positive, or a diagnosis, either way run baby run don't look back.
10 replies (most recent on top)
Sorry to say the Emperor has no clothes
Inside Xerox Santa has no clothes
@6cro+1vfxDLZl you jumped ship? Aka got tossed out with the other washed up has beens. You are so sad
I saw the future too… and jumped ship in 2021…. Covid was the acceleration of the collapse .. Xerox rode a revenue stream for years with all margin on post sales…and that is now eroding at a rate that is much faster than expected …it’s over Johnny…. It’s over !
Steve has a lot of explaining to do
DOG ATE MY HOMEWORK!!
10% dividend, but you loose most of your investment. XRX Stock at $33 share 5 yrs ago, now at $8. if you invested in S&P index $33 would now be $66 not $8......dividend should be suspended, we can't afford a dividend. Stop the stock buybacks, over 500 Million spent on stock buyback, why? to increase stock price, that was a waste of 1/2 Billion, not working is it. Also bought out uncle Carl at 1/2 billion, Carl did well only loosing 1/2 his investment in Xerox, had he not gotten out he would have lost 75% of his money. Carl knew to get out last year.
This is the definition of a 'forward looking statement' without actually making a 'forward looking statement' . Pure snake oil.
His Super Power is that he has repeatedly failed so often that X no longer has any interest from the investment world, which is why there is no demand for results. Thus he still is in charge.
We don't need cheerleaders, we need need leaders. Changes at his level need to happen soon.