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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 687.01-0.1%Dec 30 4:00 PM EST

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To: Return to Sender who wrote (43201)3/20/2006 2:50:14 PM
From: Johnny Canuck  Read Replies (1) of 69336
 
Market Scan
Motorola May Be Vulnerable To New Apple Handsets
Kate DuBose Tomassi, 03.20.06, 11:00 AM ET

Standard & Poor's Equity Research analyst Kenneth Leon maintained a "strong buy" opinion on shares of Motorola, saying he believes the company's PBL, SLVR and Q products should boost sales in the second half of 2006.

According to a media report, Apple Computer is planning to institute a multimedia cellular telephone, which "could put a dent in" Motorola's profits, said the analyst in a report Monday.

"As the U.S. handset leader, Motorola may be vulnerable to any new handset trend but we believe it is ready to ship in size its own innovative products soon," said the analyst.

Motorola's answer to the Apple product will be the "new, more robust SLVR" with the capability for more than 500 songs, Leon said.
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