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Author Topic: Xerox Newsroom  (Read 5349 times)

minnO

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Re: Xerox Newsroom
« Reply #15 on: July 27, 2006, 07:23:42 PM »
     Howdy Al--Thanks for the update on Clayt, it is Cindy that I worry about.  Xerox faired fairly well I thought. Bought in at 13.44 and dumped at 14.05.  Made a few bucks, and then for the wifes sake, went safe and secure. Still have a bit in the 50/50 account.
     Yea, the country by Clayts 5 th wheeler is quite nice around the Kenai where he fishes. Its been warm here. The perfect weather for early morning walking. But then long sleeve shirts after 10 am.
     I  was wondering how easy it was for you to get into the Admiral shares. With such low fees, it sure looks attractive. Does it produce better than the income fund?  later  big O
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allancoleman

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Re: Xerox Newsroom
« Reply #16 on: July 28, 2006, 01:06:40 AM »
Hello big " O " ,

 just returned from Homer . stopped by Clayt.'s fifth wheel parked at the gift stop on the way down and back . Clayt. wasn't there . they closed down fishing on the Kenai river due to low fish counts so Clayt. came home . he has a gun show this weekend just a few blocks from me so i should get to visit him at that time .

i'm looking to sell out of my Xerox shares in 2008 , when there is  ZERO  capital gains in the 15% income tax bracket . normally the long term capital gains rate is 15% . there is a loophole in the law where for the tax year of 2008  ONLY  , there is a  ZERO  capital gains rate . i should be in that bracket as i'll be on social security by then . i file this fall . my intention is to keep my income levels BELOW where i have to pay income taxes on my social security check . that period is until i'm 65 , at which time i can earn as much as i want without paying taxes on my check .

the minimum required for Vanguard Admiral class shares is now $100k . it used to be $250k so it's a good deal now . you can go to : ( http://www.vanguard.com ) and check'em out yourself . once again the Admiral class shares are usually available for about 0.010% or ONE percent for a ten year period when most mutual funds with other families are one percent for just one year's expenses . you can see why it's very difficult for any other mutual fund to beat Vanguard's expenses and thus overall returns .
« Last Edit: July 28, 2006, 03:02:34 PM by allancoleman »
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allancoleman

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Re: Xerox Newsroom
« Reply #17 on: November 29, 2006, 11:58:33 PM »
Looks like Xerox may have started their plans to outsource service finally :

http://biz.yahoo.com/ap/061129/siemens_contract.html?.v=1

I'll be following up more on this as soon as I can get more information .

Here's another link to the same news release :

http://biz.yahoo.com/bw/061129/20061129005127.html?.v=1

It'll probably start with taking over all the contractors and then gradually moving the higher volume machines over to Siemens later if they can handle this . The stock market will like this because it fits Anne's plan for a leaner meaner Xerox with fewer directly employed tec reps with higher pay , medical benefits , pensions , retiree benefits , and other overhead .

Stayed tuned
« Last Edit: November 30, 2006, 12:58:35 AM by allancoleman »
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allancoleman

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Re: Xerox Newsroom
« Reply #18 on: December 22, 2006, 12:41:31 AM »
Xerox's defined benefit pension plan looked more " wobbly " along with others in the S & P 500 companies :

http://biz.yahoo.com/ap/061218/pension_funding.html?.v=1

Remember , by taking your lump sum and rolling it over to a IRA or keeping it in Xerox's 401(k) , you protect your money and can withdraw it at anytime to make your own pension payments .

« Last Edit: December 22, 2006, 12:45:02 AM by allancoleman »
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Toner

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Re: Xerox Newsroom
« Reply #19 on: December 22, 2006, 04:46:04 PM »
Looks like pension's are going the way of the dinosaur. I remember when I started with big X and looking at the pension plan and thinking " wow , this could be worth over $50,000 when I retire". After 40 years I retired with a bit more than that.
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allancoleman

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Re: Xerox Newsroom
« Reply #20 on: December 22, 2006, 05:17:35 PM »
Yes , Toner , pensions are becoming a thing of the past . Remember when my ESOP shares were worth over $60k . Last time I looked my Xerox shares were worth about $20k or so . That's why I intend to sell ALL my Xerox shares in 2008 , when there is a ZERO capital gains rate for those in the 15% income tax bracket .

Not terribily concerned about pensions for myself , Toner . I took all my money as a lump sum and have it spread out between our Xerox 401(k) , Schwab , Fidelity , and Vanguard .

Thanks for your input here on Xertech over the years , Toner . Have a nice and safe holiday .
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allancoleman

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Re: Xerox Newsroom
« Reply #21 on: January 11, 2007, 03:44:10 AM »
Xerox ( XRX ) bought out by Eastman Kodak ( EK ) . ? ?

http://biz.yahoo.com/rb/070108/xerox_options.html?.v=1&printer=1
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allancoleman

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Re: Xerox Newsroom
« Reply #22 on: January 16, 2007, 02:30:30 AM »
Reuters press release says the January 15th issue of Barrons expect a 25% increase in the share price of Xerox ( XRX ) to $20 to $22 a share in 12 to 18 months . They also didn't see that Eastman Kodak ( EK ) would ever buy out Xerox , however they did see the possibility of a " private equity buyer " buying out Xerox . The street has seen lately alot of private equity buyers making bids for publicly traded corporations .
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kilo869

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Re: Xerox Newsroom
« Reply #23 on: January 18, 2007, 06:05:50 PM »
I wish that blue cross/blue shield would by x
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allancoleman

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Re: Xerox Newsroom
« Reply #24 on: January 18, 2007, 06:56:53 PM »
Not sure I understand your post , kilo . ? ? Xerox offered a Blue Cross / Blue Shield retiree medical plan option in my last open enrollment choices .

Maybe it's Blue Cross / Blue Shield that didn't offer Xerox that choice in your location .

The new ' Discussion Forum ' on the ARXE site is great , isn't it .
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allancoleman

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Re: Xerox Newsroom
« Reply #25 on: January 23, 2007, 02:21:08 PM »
Xerox ( XRX ) reports lower quarterly net income due to restructuring ( early out - lay offs ) costs . Analysists expected 37 cents , got 38 cents , but profit revenue was only 214 million as compared to 282 million . Stock trades DOWN at the open .
« Last Edit: January 23, 2007, 02:56:28 PM by allancoleman »
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kilo869

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Re: Xerox Newsroom
« Reply #26 on: January 24, 2007, 03:12:18 PM »
Hi Allen,
I guess what i meant was that if a healthcare provider bought X then we wouldn't have to worry about retiree coverage. As an aside i have always been wit bc/bs here in new england and over 65 they only offer us healthcare which a lot of md's don't accept
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allancoleman

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Re: Xerox Newsroom
« Reply #27 on: January 24, 2007, 03:57:04 PM »
Hi Kilo ,

Probably won't happen that a health care insurance company will want to pony up the bucks to buy Xerox and attempt to run a copy machine company . But , could happen I guess .

At present , Xerox's post - 65 retiree medical coverage is through United Healthcare and they offer three deductables , low - moderate - & high , I think . ? ?  I'm surprised that United Healthcare isn't accepted by some local MDs in your area because AARP uses United Healthcare for their post - 65 Medicare eligible members too . I've compared the post - 65 Xerox United Healthcare plan offered to us and AARP's plan offered to their public membership and there isn't a nickle's worth of difference .

What'd ya think of the new ARXE discussion forums . ? ?  I like'em , but the traffic has slowed down lately . Take care and thanks for the information share .  :-)
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kilo869

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Re: Xerox Newsroom
« Reply #28 on: January 25, 2007, 03:09:14 PM »
i haven't contributed to the forums, but i do like them, us old f*rts have to stick together. i'm turning 64 soon so i'd better start taking a hard look at united healthcare
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allancoleman

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Re: Xerox Newsroom
« Reply #29 on: January 25, 2007, 06:37:42 PM »
You've still got over a year left , kilo , before you have to worry about losing your Blue Cross / Blue Shield option for your Xerox retiree health care coverage . To my knowledge , United Healthcare is the ONLY option Xerox offers their post - 65 retirees . Both my post -65 Xeroid friends up here were offered a low - moderate - and high deductable plan . Xerox has started a new policy for Xerox retirees that qualify for Medicare when they turn 65 . We're supposed to get a call from a specifc dedicated rep who will walk us through our post - 65 options to ensure a trouble free transition . In the past there was difficulty with the other spouse who was NOT 65 yet losing their Xerox health care coverage when the age 65 spouse turned 65 and transitioned to Medicare . Keep in mind that when one spouse transitions to Medicare that BOTH will then have different open enrollment choices and will be billed individually for their health care premium . NOT together like it is for most of us now . Your / our wifes' will like it because they will have their OWN matterofchoice account login and password and will be separate from us ole far*ts .

Xerox STRONGLY suggests that the year one spouse turns 65 that you NOT pay your medical premium ahead for that calendar year . Xerox suggests if you attempt to pay your medical premium ahead in the year you turn 65 , it'll mess up you and your wife's medical premium .

If you're interested is seeing what your United Healthcare post - 65 plan probably is going to look like , go on AARP's web site and copy out their post - 65 Medicare eligible plans . You can also go on our matterofchoice web site and compare our United Healthcare plans too .
« Last Edit: January 25, 2007, 11:35:09 PM by allancoleman »
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