Lexmark Woes An Investment Opportunity

My spin: Hmmm. So Lexmark is down. HP is taking an offensive – and Dell, which sells Dell branded but Lexmark made printers has a few more months to go before we’ll see how their printer selling is doing.
News Clip: NEW YORK – Business television pretty much summed it up; Lexmark International is today’s disaster du jour.
The Lexington, Ky.-based company disappointed investors when it announced today that it missed second-quarter earnings estimates by one penny per share but even worse, Lexmark (nyse: LXK – news – people ) said third-quarter earnings per share would be as wide as 18 cents below consensus. Lexmark shares were getting pummeled this morning, down more than 18% to $59.84. (full story)


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Ramon Ray, Marketing & Technology Evangelist, Smallbiztechnology.com & Infusionsoft. Full bio at http://www.ramonray.com . Check him out on Google Plus, Twitter or Facebook