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Technology Stocks : Motorola (MOT)
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From: JakeStraw12/3/2008 9:33:06 AM
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"Some other names came up on the cash screens that are worth mentioning. While the company has had a tough time this year and has fallen sharply, Motorola still has more than $7 billion of cash. The stock currently sells just above its cash per share level. It is no secret that the mobile devices and handset businesses have been terrible for years; plans to spin off some of these businesses have been delayed by the weak stock market. It is now expected that the split of the company will occur in the second half of 2009.

This is one of the premier technology companies in the world and it is selling at cigar-butt prices as a result of its ongoing struggles. There have been management changes, and several activist investors are involved in the stock. The company may never regain its status in the entirety, but it is worth more than net cash in my opinion. It also pays to wait with this stock as Motorola currently yields better than 4.5%."
biz.yahoo.com
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