Looking at Unisys (UIS) seems like looking at a dinosaur. The company has been around forever, with its roots in American Arithmometer Company, founded back in 1886. In this regard, Unysis is even older than International Business Machines (IBM), founded in 1911.
The market seems to think the same. It seems to think that a giant asteroid hit Unisys' world, and that it's left for dead and has no chance of coming back. The asteroid could be client-server computing, cloud computing, the rise of the PC and a thousand other trends. Unisys is certainly seen as an obsolete provider of mainframe computing, with no place in today's world.
But it reality consistent with this...
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