Monday, July 17, 2006

Case In Point

Despite all the negatives in the world situation that drove down the markets last week, Lexmark (NYSE: LXK) stock bravely staged a bit of a rally on Thursday, based on some positive comments from UBS analyst Ben Reitzes. Forbes offered a summary of his remarks, which included his view that the company:
will continue to benefit from rapid cost cutting combined with more benign pricing activity due to the strategic shift toward higher-priced, higher-usage devices and slower year-over-year sales of low-end inkjets.

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