Reprographics 101
(more than you ever wanted to know about the reprographics industry)
Category: Uncategorized
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I’ve had only some exposure to recessions that impacted the reprographics industry, and that’s because I missed one completely (I was out of the industry during that one, thank goodness), but I thought I’d do a post about recessions that affected the industry, including another comment about the one the industry is currently experiencing. For…
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Well, this post is a “brief” follow-up to two previous posts about ARC’s stock price. Yesterday afternoon, ARC’s stock price closed at $3.16 per share. I think the only appropriate acronym for that is OMG! As I pointed out in an earlier post, ARC, in 2007, acquired 19 businesses for $146.3 million. At $3.16 per…
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I’ve had the opportunity, during the past few months, to spend a good deal of my time in Europe. Since I’ve been in and around the reprographics industry in the U.S. for many years, I’ve had the opportunity, over the years, to meet quite a lot of guys (and gals) who own reprographics companies in…
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In 2007, ARC acquired 19 businesses for $146.3 million. Today, March 4th, ARC’s stock price hit $3.50 per share and, at that price, ARC’s “market cap” (total market value) is around $160 million. Considering the fact that ARC has completed significantly more acquisitions than just 19, and has been acquiring companies for years, it is…
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Although I’m pretty sure I won’t be able to accomplish this project, I’d at least like to attempt it. Please bear with me while I explain. What this project consists of: A “barometer” of how businesses in the reprographics industry (in the U.S.) are doing, month by month, quarter by quarter, sales-wise. What would be…
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Well, I did mention in my initial post that I’m highly opinionated. So, here we go with one of my opinions. This one has to do with considering the big picture when approaching the issue of how to charge (or what to charge or if to charge) for the services you provide to customers (or…
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Well, as most of you (in the reprographics industry), if not all, are aware (or, should be aware), Fedex purchased Kinko’s a few years ago, and, if I’m recalling this correctly, Fedex paid about $2.3 billion for Kinko’s. Inasmuch as I’m a pauper, $2.3 billion is a lot of money to me. But, I guess…
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If you’re an older person (and I am an older person), you’ll probably recall the old EF Hutton advertisement that said, “when EF Hutton talks, people listen!” Well, I, too, have a saying (this saying is related to my stock-picking prowess)….. “when Joel buys, sell.” Case in point: the other day, I decided to buy…
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In a previous post I mentioned that both of the reprographics companies I was with were members of the IRGA. And, I said in that post, “if you are not an IRGA member, you’re not just a fool, but a complete idiot. I can’t possibly tell you how much I learned from being a member…
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A former associate who visited my blog today (after I threatened to smack him upside his head if he did not visit my blog) suggested to me that I should provide at least some of my background information for visitors who visit my blog, just so they will know that I’m a real crackpot, not…