That people continue to accept the adjusted earnings of a constantly restructuring company. At some point investors should say enough is enough.
I see Icahn’s buddy V gave bullish expectations and that leads me to believe a major Corp sale is more eminent. There are no market indicators for this, and no innovations coming from Xerox to explain. We all know the constant cost cutting will not stop. So let’s be bullish, buy back more stock, and then dump this big pile of steaming dung. Lol. Nice playbook V.