As I read between the lines of the Business Wire's XRX press release(06:00 AM today Dallas time), I am convinced it is time to take heart and continue to buy, even if the "Analysts" are saying hold. I mean, the copany is guaranteeing no cut in the dividend, so why hold? since the price is OBVIOUSLY going to return in time, XRX at $18 is awfully attractive (to me)."Allaire added that the company's future positive turnaround was not in doubt --though precision as to its timing remained uncertain, and he underscored thatthe company had no plans to reduce the dividends paid to shareholders."While there is a need for a significant downward adjustment to current secondhalf expectations, we are convinced that the fourth quarter will show that theissues are yielding to our corrective actions," Allaire said."I hubly submit that if there was a doubt, XRX would not comit to a non-reduction in dividends. Their cash position can withstand a dividend, even if the earnings do not warrant it. I think that shows a committment OF ACTION that backs up the recent words I've read/heard.XRX has new deals working, e.g. the 59% revenue increase in Fuji Xerox over the same quarter last year; the new high speed printers, their expansion of their already dominant position in the color copier line and the price-point reduction of some their DocuTech's.All in all, I am encouraged. As a LTB&H through B&H.Com (forgive the plug, but I really like those guys), I am very confident the XRX stock is a GREAT place to be for the next few years. I still plan to do my annual portfolio re-evaluation in 10 months, but unless Alaire gets shot in the foot by another "Mexican Book Cooker" in another country, the hits to the bottom-line should be about done.Glad I bought in at $22 instead of $62, though. Otherwise, I bet I'd be somewhat more pesimistic. Amazing how an amateur analysis can be dependent upon the paper value of a personal investment. I wonder if the "Pros" are similarly affected.... Nahhh!!! They are all dispassionate professionals, right?
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