If Xerox (XRX) - Get Report blows up, blame Xerox. If Lexmark (LXK) blows up, blame Lexmark. If Hewlett-Packard (HWP) blows up, blame Hewlett-Packard. If Electronics For Imaging (EFII) - Get Report blows up, blame Electronics For Imaging. Hold it! Maybe something is wrong in this printer/copier business? Maybe we should be blaming the industry.
What's Wrong: Tell us what you think on
Message Boards. Here is one of those issues that is tailor-made for our message boards.
No analyst who covers this group seems to be able to get his or her arms around this situation. Have the Japanese gotten more aggressive and are now mounting a challenge? Are people using their copiers less and buying printers that do both? Is this a national or international problem? We are missing something big here.
Let's figure it out together.
James J. Cramer is manager of a hedge fund and co-founder of TheStreet.com. At time of publication, his fund had no positions in any stocks mentioned. His fund often buys and sells securities that are the subject of his columns, both before and after the columns are published, and the positions that his fund takes may change at any time. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Cramer's writings provide insights into the dynamics of money management and are not a solicitation for transactions. While he cannot provide investment advice or recommendations, he invites you to comment on his column at