All research in Consumer Electronics — 1 reports.
A mature hardware company kept afloat by its print-supplies cash cow: the valuation is undemanding but the business quality is mediocre. We assign a Watch rating, with a fair entry price of 19 to 22 dollars; at the current 24.68 dollars the margin of safety is insufficient. Rating Watch: a cheap-looking cash cow whose price still does not cover its ordinary-business flaws.
