DXC stock Win issue is down. It states 59,000 employees, looks like there more room for WFR's to occur. Lookout current DXC employees. It shows $68.00 per share. Hate to see what will happen when it opens up to the public in April. The Duke Brothers are not even investing in this dud. Billy Ray is not pumping this stock either. Clarence Beeks has a full buy on DXC Stock but he is still in his monkey suit. GLTA
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-1dfa, hey more comments like this please
According to the DXC Investor Day slides growth will come through Digital offerings in Cloud, Security,
Application services, Workplace & mobility and Analytics. Time will tell...
Exactly how will the company grow by acquiring HPE which lost 7% a year in revenues for just about the entire time it was owned by HP? I think many people forgot that 3 years ago HP wrote off $9 billion on the EDS acquistion. I spent 2 years at HPE - just a bunch of EDS guys talking about the glory years under Ross Perot still in a dreamland thinking they where going to close $300 million contracts. Mike Lawrie bought this strictly to please Wall Street - he's cashing in on stock now - give it a year after all the layoffs and watch the stock tank as the revenues start to fall. Combining 2 poor companies does not make a great company. Ask Warren Buffet.
They've had their investor briefing slide deck... the cost cutting is enormous and rapid. No wonder those investors have pushed the price skyhigh.
It's $73.00 now wow they must be announcing more cost cutting and layoffs. Thats what happend at Initech when we had WFR's. A temporary rise in price. Lots of chatter now.
No way is Dixie tech worth $68, maybe $8.