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GLG News by Printer Experts (North America)

Edward Crowley, Senior Consultant
Analysis of: MPS Market Projected to Grow at 22 Percent (www.outputlinks.com)
The Photizo Group has identified Managed Print Services or MPS as a key dynamic which will fundamentally change the shape of the printer and copier markets and how decisions for these products are made.  This will impact all of the major players including HP (HPQ), Lexmark (LXK), Xerox (XRX), Oce...
James Howes, President
Data Doctors Computer Services
Analysis of: The Dogs of Wall Street (www.businessweek.com)
In 2007 Lexmark again had a significant earning miss and their stock has lost almost half of its value. This happened even though the company poured a huge amount of cash into stock repurchases. It is irrational for a management team to make these repurchases if they had any idea that they were so far...
James Howes, President
Data Doctors Computer Services
Analysis of: Vista: None for All? (www.microsoft-watch.com)
Small businesses are adversly affected by adding a Vista computer. they are rarely aware of the compatibility issues they will encounter. Upgrade to Quickbooks and printer drivers can be significant financial impact.
James Howes, President
Data Doctors Computer Services
Analysis of: Bernstein Grants Lexmark Its Sole "Buy" Rating (seekingalpha.com)
Lexmark's stock has been hammered since their dismal 2nd quarter earnings report. Toni Sacconaghi of Bernstein Research is now rating it a buy. does he know something that the rest of the market is missing?
Edward Crowley, Senior Consultant
Analysis of: Kodak Restates 2nd-Quarter Results (www.nytimes.com)
Kodak recently reported an after tax lost of $135M (or 42 cents per share), however, on Friday the firm restated the loss to $152M (or 53 cents per share).  While the firm indicated that these changes are due to health care costs and post-retirement benefit increases, and not due to operating results,...
Edward Crowley, Senior Consultant
Analysis of: VistaPrint to Set Up Shop in OfficeMax (www.gammag.com)
VistaPrint (VPRT) is on a roll. After turning in very solid earnings for Q4 (ending June 31st), the firm announced an agreement with OfficeMax to extend their unique printing model to one of the largest Office Supply Store chains in the United States. This is a very key step in expanding VistaPrint’s...
James Howes, President
Data Doctors Computer Services
Analysis of: Lexmark's Malfunction: This Is Not A Misprint (www.forbes.com)
Friday 7/27/07, Lexmark announced that Paul Rooke, formerly President of the "Business Printer Division" would assume the role of President of the Consumer Printer Division. Marty Canning is taking over the Business Printer Division. After Lexmark's 2nd quarter earnings announcement some type of action...
Edward Crowley, Senior Consultant
Analysis of: Lexmark's Malfunction: This Is Not A Misprint (www.forbes.com)
Lexmark is actually two very distinct companies.  A highly profitable laser printer business which dominates the market for vertically focused printing applications in large enterprizes, and, an unprofitable inkjet division selling to consumers via retail. Those who are truly knowledgeable...
Edward Crowley, Senior Consultant
Analysis of: Jury: Lexmark Patents Not Violated (biz.yahoo.com)
While I agree with Mr. Howe's assessment regarding the near term impact (the ruling effectively maintains the status quo), the long term impacts are potentially significant.  Particularly if the Judge upholds the Jury's ruling that Lexmark has "market power".  If this is upheld, the ramifications...
James Howes, President
Data Doctors Computer Services
Analysis of: Jury: Lexmark Patents Not Violated (biz.yahoo.com)
The jury in this case has ruled that Static control did not violate Lexmark's patents but the validity of the patents was upheld. Static Control is unlikely to pay any damages to Lexmark. The results of this case will have limited effect on Lexmark.

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