Ben Reitzes
Ben Reitzes
brand great icon machines page print via volumes xerox
Page volumes are migrating to printers. We get things via e-mail and we print them out. As much as Xerox is an American icon and a great brand presence, we don't use its machines as much as we used to.
earnings outlook performance worse xerox
I think Xerox has got a long way to go. The earnings performance and outlook are even worse than anticipated in the pre-release.
benefit cautious companies either exposure pages printed sell software stay supplies technology trying
I'm very cautious about companies that have too much exposure to copiers. We're trying to stay away from those who are not getting the printed pages and go with those that either sell software or the supplies to benefit this technology transition.
anyone bottom company digital faster heading industry line
The bottom line is that the copier industry is transitioning faster than anyone anticipated. The disadvantages of a copier company heading into a networked, digital world are now being highlighted more than ever before.
apple appreciation believe calendar continued due earnings growth half intel position positives price risks several share transition upside
While we believe there are some near-term risks to earnings upside due to the transition to Intel processors in the first half calendar 2006, we believe several fundamental positives position Apple for continued growth and share price appreciation over the long-term.