Thread regarding Xerox Corp. layoffs

“Going under has nothing to do with the stock price.”

• That’s a relief! So technically CEO club 2025 is still a go? xrx @ 6.40

Fake scoop guy here with all his devices to get them downvotes in ...

“ Yes and no, but technically correct.”

It wasn’t a question.

Zero chance this is fixable and worse yet, why would you want to?
Let’s shove 7 billion dollars into a company, so it comes out with a 100,000$ profit for one month. Not a good plan.

My solution. Burn down the company. Plant gasoline, bleach, and salt in the soil, so nothing grows there for 300 years. For the benefit of mankind…

Fake scoop guy here with another chapter...

'“ At this rate we’ll go under next week”

Going under has nothing to do with the stock price.'

Yes and no, but technically correct. A failing stock price is an indicator, and a cause, of problems that can send the company into bankruptcy.

It indicates:

• Unprofitability, and the lack of a path towards it.

• A growing debt burden, and the pressure it puts on the enterprise. 1.5 Billion is about to be added w/ Lexmark merger, and it looks like the ITsavvy deal debt won't hit the books until the next earnings call.

• Anger of shareholders. 85% (as of the last Q reports, it will drop) of the share ownership is institutional.

It can cause:

• Increased debt servicing cost. People who max out their credit cards pay higher interest rates that people that don't. Look up the XRX bond rating, not great.

• Lower sales. Nobody want's to cut a big PO to a company that might not be around in a year to service it or sell you parts. It's a doom cycle: XRX price falls off a cliff> big clients see that and don't want to buy into that risk, and go elsewhere> XRX continues to fall off cliff, faster.

• Liquidation. The cap is 830MM, but the Enterprise Value is 3.89BN, debt will overrun that number when the ITsavvy and Lexmark debt is added. The EV is still higher than the debt (2.1BN), today, but when that inverts, sometime in Q2/Q3, all he-l will break loose.

• Shareholder lawsuits. This is the stuff of ambulance-chasing grifters, but it's bad for business. It's not even the money it costs to defend these, it's the fact that any customer or investor that googles "Xerox" is inundated with these suits in a query. And God forbid if there's a there, there. People forgive success, and punish failure; a low stock price is inviting scrutiny. Has the XRX C-Level been forthright and above board in the stewardship of the company? Well, we're gonna find out, via discovery in court.

So, yeah, going under has nothing to do with the stock price. The stock price is a lagging indicator of problems that have been festering and are now symptomatic. The share price is catching up with the realty at hand.

Why the H E L L are you people playing around with this company?

Let me spell it out for you…

If you own xerox stock. Get rid of it.

If you have xerox equipment. Get rid of it.

If You still work at xerox. Leave this second.

Is it that hard to understand? I don’t think it is. You All should have been out of there and far away from there, years ago. If not decades ago.

You certainly cannot say that you were not warned about this. Nothing else left to say, nothing more to left to do.

History has made it’s judgement…

“ At this rate we’ll go under next week”

Going under has nothing to do with the stock price.

My response is ... Just WOW!!

At this rate we’ll go under next week