4 ms·
Xerox still exists?
by dboreham 3y ago
Xerox still exists?
- tonyedgecombe 3y agoApart from a brief spike around the turn of the millennium the share price has been dismal. https://www.macrotrends.net/stocks/charts/XRX/xerox-holdings/stock-price-history https://www.macrotrends.net/stocks/charts/XRX/xerox-holdings...
- FirmwareBurner 3y agoIsn't profit more important than share price long term? There's plenty of junky SV companies that had insane share valuations during low interest rates rates and the pandemic bubble, but that are sinking now due to lack of profitability. Focus on high share price seems more important for speculators who wanna make a quick buck on the short term regardless if the company dies in long term.
- lotsofpulp 3y agoExpected profits are part of the function of share price.
- FirmwareBurner 3y agoIs that always true? What about hype?
- throwup238 3y agoSure. But no one’s hyped for Xerox.
- twosdai 3y agoIf you start saying that more, a bunch of games top investors will feel a need to jump onboard.
- lotsofpulp 3y ago> part of the function The other parts of the function include the expectation someone else will buy it at a higher price, which may or may not be based on their own expectation of someone else to buy it from them at a higher price, and so on.
- sokoloff 3y agoProjected unlevered free cash flows (discounted back to today, plus a discounted terminal value) is IMO the best long-run model for an enterprise value. Share price equilibrium is a consequence of that, after a current liabilities offset, and a division by share count. Profits are related to UFCF, but not the same thing.
- iancmceachern 3y agoI remember making a bunch of funny money off this in grade school when we had a mock stock trading exercise.
- xattt 3y agoTheir Alto workstation is just about to break into the market any day now.
- soganess 3y agoI think they are called Macintoshs now, but instead of an ethernet port they have this thing called "appletalk".
- readingnews 3y agoI was (not figuratively) thinking "they are still here??" too. I am partially shocked. Thought they were no longer a company.
- tnel77 3y agoThey’re working on it!