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The Company is a manufacturer of plain paper copying machines, digital multifunction devices, laser beam printers, bubble jet printers, cameras and steppers.
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hondo928 (99.72) Submitted: 2/07/08 12:22 AM : Start Price: $41.01 CAJ Score: -19.84
Listen in the long-term I would think the Canon is going to outperform significantly undervalued, but that being said recession fears are now a reality and I expect that people and companies will not be spending money on new printers. I would say it's safe to be short for 2 months, then around 36 go long.
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ResearchLover (95.82) Submitted: 3/21/08 4:07 PM
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It costs more to repair most low end printers, digicams than to buy a new one. Plus there are revenue streams from non-durables, like ink. As long as canon uses their manufacturing capacity according to an accurate projection of demand, they'll be fine.
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