We're making sure that the price changes we're taking are on optional services, not on broad-based services.
For whatever reason, $199 tends to be a magical price point.
We are in trouble. The program is not designed to deal with these kinds of price increases.
We are rating UPS 'attractive,' ... Our price target on this stock is $70; it's at about $56 right now.
Theoretically, Lexmark could maintain prices and cede share. But they're unlikely to do that. If they cede share their installed base won't grow, so the all-important cartridge revenue won't grow. If HP does price aggressively, Lexmark will be forced to meet their pricing.
There will be relatively few shares sold, ... And UPS still has $1 billion left over from the IPO to repurchase shares on the open market to support the price if need be.
Industry conditions were very challenging, with widespread price discounting.