"Xerox (XRX) said it has signed a definitive agreement to acquire Affiliated Computer Services (ACS) in a cash and stock deal that values ACS shares at $63.11." Read more here.

cheaper all the time

Have one

Cramer: Do Not Copy Xerox: Jim Cramer is walking away from the bad balance sheet and bad company decisions of Xerox.

Click here to watch the video.

Cramer: Do Not Copy Xerox: Jim Cramer is walking away from the bad balance sheet and bad company decisions of Xerox.
Click here to watch the video.

“Sometimes it's so difficult to tell what industry is "giving it up," what businesses are plummeting, and what executives may have been too weak to see things coming.
In a video I did with the always excellent Debra Borchardt today, we were kicking around the preannouncement of Xerox (XRX) and the negative earnings surprise for Sony Ericsson and how much of the shortfalls were industry-related vs. execution. These are always subjective judgment, like a P/E is subjective, but to me Xerox is company-specific, a hobbled balance sheet and an executive team that has repeatedly failed to produce. Sure, the economy is a big factor, but a bigger factor is the endless miscues from the company itself.
Sony-Ericsson also has struggled against some pretty voracious competitors, but here is one where I am more sanguine about the industry and would like to think that it is share-taking that's causing the problems, perhaps from a reinvigorated Nokia (NOK) and some other players making strides, perhaps LG and Apple's (AAPL) iPhone. I reached this conclusion because both Texas Instruments (TXN) and Qualcomm (QCOM) have been saying the right things about how inventories are depleted and orders are now more robust than they thought they would be.
Often at this point in the cycle we are grading management's execution and wondering not only did they see it coming -- meaning they strengthened the balance sheet or laid off people ahead of time or cut inventories dramatically -- but have the toughness and the skill sets to manage during the worst downturn most people have ever seen in their lives.
My take: Sony-Ericsson and Xerox don't have what it takes. Read nothing into them except that they simply can't shoot straight, and nothing more.”

From a recent Mad Money show:"I think it's dead. They have a lot of debt to roll over and unless you're backed by the U.S. Treasury, it's impossible to roll over debt."

good buy

The largest maker of high-speed color printers was among the most active names on the NYSE Monday.

Anne Mulcahy

gave away the store, failed to innovate, failed to protect its tech at PARC giving msft, aapl and others ideas for free

Tech Old

Stagnation

took someones advice and bought and lost my money

Don't care for the managment.

SOW TO RECOVER AND UDERSTAND ITS MARKET

FOREVER SLEEPING STOCK

Anne Mulachy: Momentum may be flagging

Too much competition. Spent the last 6 years trying to dig out of a hole...unsuccessfully.

poor management,dying market, lack of revenue growth