The stock has recovered 82.8% from its recent low price of 6.73 which occurred March 5, 2008
This from Yahoo, "IKON ... said after the market closed Thursday that it will redeem for cash the remaining $100 million of its senior unsecured floating rate notes due 2012.
The Malvern, Pa., company said the redemption price will be 100 percent of the principal amount plus accrued and unpaid interest up to the redemption date, which is June 30.
The redemption plus a redemption of $50 million of the notes on May 7 will cause Ikon (NYSE:IKN) to post a $5.7 million loss from the early extinguishment of debt in its fiscal third quarter, which ends June 30..."
Interesting...
Friday, June 6, 2008
Thursday, June 5, 2008
Inaugural issue of MPS Insights Hits The Streets
Best Practices, Print Audit, MPS Metrics and much much more... I have just received and am in the process of reading and digesting the first issue of MPS Insights from the PHOTIZO Group.
Ed Crowley, CEO Photizo Group -"...we believe MPS is finally coming of age! After almost 8 years of vendors touting the benefits of MPS, we are now actually seeing implementations that are working..."
This mirrors what Joshi said last year in Phoenix, "...Printing...is now sexy!"
Also, Ken Stewart - Kearns Business Solutions, Director of Technology, on MPS as an opportunity that may pass you by, "... We have come to the conclusion that taking care of the customers is the way to do business;it is not an opportunity to go out there and rob your customers blind..." Sell with High Intent.
Check out the site, get the free newsletter.
Share with you friends, share with your family over the dinner table - er...ok, maybe not over the dinner table.
Ed Crowley, CEO Photizo Group -"...we believe MPS is finally coming of age! After almost 8 years of vendors touting the benefits of MPS, we are now actually seeing implementations that are working..."
This mirrors what Joshi said last year in Phoenix, "...Printing...is now sexy!"
Also, Ken Stewart - Kearns Business Solutions, Director of Technology, on MPS as an opportunity that may pass you by, "... We have come to the conclusion that taking care of the customers is the way to do business;it is not an opportunity to go out there and rob your customers blind..." Sell with High Intent.
Check out the site, get the free newsletter.
Share with you friends, share with your family over the dinner table - er...ok, maybe not over the dinner table.
Monday, June 2, 2008
So Really. What is the Big Deal about "Ink Jet"??
A very astute question, from a smart guy. Who happens to read my blog.
What is the big deal about ink anyway? According to HP, 90% of all the print in the world is in ink, not toner. And just look around, look at all the items in your office or home that have printing - my favorite DVD covers, my Michael Crichton Novel, the coffee can from Trader Joe's, the labels on the Mondavi bottles, my copy of FaceFull all ink.
The question isn't what is the big deal with ink, it should be what has been taking so long! Ink is everywhere - not toner.
To start with, ink systems like Edgeline have less moving parts then the xerographic brethren. Less heat no static. Heat being the biggest difference. 266 degrees to be somewhat exact is the temperature needed to melt the toner (see The Fundamentals of Xerography). Heat wears on materials like plastic, or motors or delicate optics; have you ever heard of somebody burning their fingers when trying to clear a jam? The answer is "yes".
I am not referring to the Ink Jets you may have at home - you know the ones, the printer costs 39 bucks after rebate, and the ink costs $69.00! (Gotcha!). I am talking about business machines. I am talking about replacing all those hot, dry toner boxes in corporate America with cooler, energy efficient, robust and reliable machines. Machines that in the end do the same thing as the hot-boxes, put color marks on paper.
This was bound to happen. All things change and get better - DOS moved to Windows, MultiPlan gave way to LOTUS 123 which in turn gave it up to Excel. It is the natural order of things. The time has come to begin to move the mundane function of printing into it's next evolutionary stage.
This is not about technology it's about innovation. It isn't about marketing hardware advancement as much as it is about a advancing a philosophy.
Xerox is not putting any more money into "photocopiers". HP invested 1.3billion in a new technology (Edgeline) not in improving an older technology(xerographic).
Xerox and HP - two Great American companies - innovating into newer and more reliable printing. Innovations like the color television, the radio, the automobile, refrigerators, micro-waves...It won't be long until the copy-cats of the far east jump on the "ink-jet" band wagon.
---------
So to summarize - What is so good about ink vs toner?
- cooler temperatures
- less moving parts
- color control
- more consistent and reliable
- less energy use
- more environmental/green
Surround the above with:
- Easy to use
- Easy to maintain and remove mis feeds
- Native to the network/connectivity(print, scan)
You you have a heck of a package - not just an "inkjet"
What is the big deal about ink anyway? According to HP, 90% of all the print in the world is in ink, not toner. And just look around, look at all the items in your office or home that have printing - my favorite DVD covers, my Michael Crichton Novel, the coffee can from Trader Joe's, the labels on the Mondavi bottles, my copy of FaceFull all ink.
The question isn't what is the big deal with ink, it should be what has been taking so long! Ink is everywhere - not toner.
To start with, ink systems like Edgeline have less moving parts then the xerographic brethren. Less heat no static. Heat being the biggest difference. 266 degrees to be somewhat exact is the temperature needed to melt the toner (see The Fundamentals of Xerography). Heat wears on materials like plastic, or motors or delicate optics; have you ever heard of somebody burning their fingers when trying to clear a jam? The answer is "yes".
I am not referring to the Ink Jets you may have at home - you know the ones, the printer costs 39 bucks after rebate, and the ink costs $69.00! (Gotcha!). I am talking about business machines. I am talking about replacing all those hot, dry toner boxes in corporate America with cooler, energy efficient, robust and reliable machines. Machines that in the end do the same thing as the hot-boxes, put color marks on paper.
This was bound to happen. All things change and get better - DOS moved to Windows, MultiPlan gave way to LOTUS 123 which in turn gave it up to Excel. It is the natural order of things. The time has come to begin to move the mundane function of printing into it's next evolutionary stage.
This is not about technology it's about innovation. It isn't about marketing hardware advancement as much as it is about a advancing a philosophy.
Xerox is not putting any more money into "photocopiers". HP invested 1.3billion in a new technology (Edgeline) not in improving an older technology(xerographic).
Xerox and HP - two Great American companies - innovating into newer and more reliable printing. Innovations like the color television, the radio, the automobile, refrigerators, micro-waves...It won't be long until the copy-cats of the far east jump on the "ink-jet" band wagon.
---------
So to summarize - What is so good about ink vs toner?
- cooler temperatures
- less moving parts
- color control
- more consistent and reliable
- less energy use
- more environmental/green
Surround the above with:
- Easy to use
- Easy to maintain and remove mis feeds
- Native to the network/connectivity(print, scan)
You you have a heck of a package - not just an "inkjet"
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