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Letter "B" » Benjamin Reitzes Quotes
«Xerox had ample opportunity in its release to comment on third-quarter results, but obviously opted not to do so. At present, we believe cost cutting is likely ahead of schedule and our estimate for third quarter 2003 remains a loss of 11 cents per share on a 15 percent revenue decline.»
Author: Benjamin Reitzes
«In the past, we believe Apple's shares have presented buying opportunities when its sales are constrained, with pent-up demand for new products,»
Author: Benjamin Reitzes
«While we do not like to 'react' to information, given where Xerox has opened - we just do not believe there is much upside, ... ...We are also particularly concerned about an 'unexpected' receivables problem in Mexico that should hit EPS this quarter by up to 6 cents per share. This development calls into question management's systems and controls.»
Author: Benjamin Reitzes
«This plan to consolidate manufacturing, cut operating expenditures, and freeze pensions seems like a bold step, in-line with our optimistic views for possible savings.»
Author: Benjamin Reitzes
«We believe that Sun clearly should be more profitable than it is. However, the mix shift to lower-end products and the continued pace of heavy investments may continue to pressure operating profits.»
Author: Benjamin Reitzes
«We remain confident in Apple's potential for new products.»
Author: Benjamin Reitzes
«We still expect significant Mac growth long-term with 29 per cent unit growth forecast for fiscal year 2007.»
Author: Benjamin Reitzes
«We believe second-quarter 2006 earnings per share over 40 cents could be considered a positive given the recent plunge in shares.»
Author: Benjamin Reitzes
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