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Technology Stocks : Motorola (MOT)

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To: Diamond Jim who wrote (1268)7/7/1998 7:16:00 PM
From: PaperChase  Read Replies (3) of 3436
 
Don't you understand it is part of the game! Mot overstated its planned losses, analysts reduced their numbers and then MOT beats them. Did you even bother to notice the $2 billion restructuring charge. MOT management would have to be totally incompetent to show a loss after such a huge restructuring charge.

Geeshh. Are you new to these accounting games?

No I am not short...yet. I'll wait for all the clueless fund managers and CNBC talking heads to say the worst is behind MOT tommorrow morning. Yup, orders down drastically and the manic boys will be loading up tomorrow. Are you buying tomorrow?

I believe MOT belongs in the $30's with this kind of performance and I still consider the $30's a gift.
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