The market cap is at $519MM for the entire company. I blame the consultants. Bad things were going to happen, they just made them happen faster.

Good times!

Insert smart a-s comments below

The majority of the ones still hanging around are the ones no other company would touch with a ten-foot pole or those of us waiting to retire. It's depressing to see.

Xerox just raised $800M in junk-rated debt to fund a business that’s already on life support: • 10.25% for First Lien Notes • 13.5% for Second Lien Notes That’s $95M/year in INTEREST — just for the privilege of owning Lexmark’s $743M annual... — read more 

Lexmark’s here. Interest is 13.5%. What could go wrong? ⸻ Take ONE shot when you hear: • “Synergies” • “Transformation” • “Operational efficiency” • “Integration is on track” • “Strong liquidity position” (LOL) ⸻ Take TWO shots when you... — read more 

Will the partial lump sum still be an option now that it is funded at

18th in the last 25 Trading Sessions. Happy Ex-Dividend Day!

Wow, those rates reek of desperation. There is little to no chance we can service our debt load. Remember when we spent $1.5 BILLION of good money to buy back stock during 2021 to 2023? That was back when the stock price was 3x to 4x the price... — read more 

Why is he so comfortable yammering away on LinkedIn, collecting 2-3 positive comments from staff and vendors? I'm convinced the general business community has no idea what is going on here. I saw one employee post "proud to be a member of this STL"... — read more 

Let that sink in, in 3 months this dropped -40%. We are nearing the end of the story. The debt load, already fatal, will accelerate once the Lexmark deal goes through. SB and JB knew this was coming, and they just kept smiling, pretending that... — read more 

17th in last 24 trading sessions.

Bert and Ernie go around telling the world that it doesn't see the hidden gem of Xerox. Apologies to the real Bert and Ernie Why is it then that the CEO signs off on the company's forecasts each quarter but yet have not made their own targets for... — read more 

https://www.news.xerox.com/news/xerox-statement-on-lexmark-acquisition-valuation Xerox reaffirmed the $1.5B figure which we all knew was Enterprise Value (aka the whole flaming pile, debt and all), not Equity Value (likely $75-150M). Meanwhile... — read more 

"Ninestar said in an exchange filing on Wednesday that it has estimated the transaction price to range from $75 million to $150 million, based on Lexmark's latest operational status." WTF? So this thing is saddled with debt, and XRX is borrowing... — read more 

For months, we have been hearing the same pitch on repeat: “The Lexmark acquisition will unlock synergies...” “This is a transformational move...” “We are scaling for the future...” But now that Lexmark’s audited financials are public (thanks to... — read more 

16th in last 22 trading sessions.

In addition to watching the stock price drop, it is also interesting to look at the price of Xerox's publicly traded bonds (CUSIP: 984121CB7, 984121CL5). They are trading this morning at about 47% of face value, making the yield over 16%. Moodys... — read more 

Or 19.02% on the old payout from a month ago. It is wild that this will be back to double digits shortly after going down to 6%. When we get to $2, it will be 25% yield. Watch for SB to yank the dividend shortly.

I wonder if it'll hit $4.99 today?

Dear fellow survivors of the "Reinvention" era: Our brilliant leadership has decided the best way to save this sinking ship is to BORROW another $800M to fund the Lexmark acquisition - offering Senior Secured Notes. But here's the thing... who the... — read more 

With Xerox increased debt load and declining share price, one has to wonder if the Lexmark deal is even feasible. The combination of Lexmark and Xerox is two drowning companies clinging to each other.

15th in the last 21 trading sessions.

14th in the last 20 trading sessions. Was down to $5.28 at the low. The end is coming faster and faster now.

13th in last 19 trading days. Down ~35% since 1/1/25

From MG on the XITS side email about March Madness I'm gonna scream. We're working harder than at any point during my time at this company or ITsavvy, I can't keep up with all the things coming my way because we keep losing bodies, but god forbid MG... — read more 

https://www.nasdaq.com/market-activity/stocks/xrx/insider-activity I love how all these guys execute their options on the same day.

This is the 12th in the last 15 trading sessions.

Just returned from Vegas. I’m a Xerox “Partner” AKA Dealer. More Xerox people in attendance compared to partners. You would think this company has money and is growing. Lots of fluff, no clear direction. No future in production print. At least I saw... — read more 

We’re saving babies now… This partnership expansion between Connecticut Children's and Xerox represents a strategic pivot for Xerox as it continues diversifying beyond traditional print services into higher-margin technology solutions. By... — read more 

11th new low in last 14 trading sessions

Rome may be gone by the time SB and team return.

Do you guys have non-solicits or non-compete clauses?

What is the target price on 4/21 at COM? What is your best guess? I am guessing $4.97

Today is the 10th 52 WEEK LOW in 13 TRADING DAYS.