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Technology Stocks : Motorola (MOT)
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To: Tom Caruthers who wrote (3155)7/10/2008 7:54:19 AM
From: JakeStraw   of 3436
 
>>So when do you think MOT will be a buy?

The question that should be asked is, will it ever be a buy ;^)

My guess is that when they next report earnings the results will not be good - I mean how could they be. Truthfully I don't forsee improvement in their results maybe until the 2nd quarter in '09. Having said that, I feel there still is 'value' in MOT, but they need to show investor's what they are doing to unlock that value.

Right now I see MOT as a speculative play on value. If you have patience and an iron stomach you could probably pick some up with the expectation that their mgmt. and Icahn's nudging will be able to 'right the ship'.
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