Friday, October 9, 2009
Xerox Punished For Breathing
Xerox got a haircut for its decision to buy Affiliated Computer Services.Fortunately,the stock was on the way back as the week ended.All the Dow component was trying to do was respond to customer requests for more services, the way IBM and others have.You would have thought they were trying something absurd.It must be the times in which we live.You would be better off sitting on the sidelines like so many investors have been doing,the reasoning may have been.Is that really the case?No.it is not.It's actually wise to reconfigure yourself now,so that you will be best positioned to take advantage of the global recovery as it progresses.It's something we all should consider,rather than moping around on our pile of cash.
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