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Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: Art Bechhoefer who wrote (843)	8/14/1999 10:44:00 AM
From: kitterykid	Respond to of 13582

I wholeheartedly agree. Why MOT stock would jump 4 points yesterday on the Iridium news is beyond me. The ambulance chasers aren't going to stop at Iridium. I don't see how this whole situation could be anything but very messy (and possibly expensive) for MOT.

To: Art Bechhoefer who wrote (843)	8/14/1999 11:13:00 AM
From: gdichaz	Read Replies (2) \| Respond to of 13582

Art: Maybe so, but maybe not. Motorola is the shoot itself in the foot company IMO. Seems like Motorola has a very real track record of missteps, mistakes, taking wrong turns, etc. - you name it. And IRID will no doubt be a major albatross. And the suit/countersuit vs the Q is much more likely to be settled on terms more favorable to the Q than MOT. But CDMA is ramping up in places like Japan where Motorola has major business. China may just move from sabre rattling to smiles in Sept or Oct. Brazil is booming in cellular and Motorola is a major factor there. And on and on overseas. There is every indication MOT is doing well in its CDMA infrastructure business and in its handset business - and even the potential GSM/TDMA "world phone"[sic.] business. And Motorola has been a major beneficiary of Washington politics in the past - lobbying efforts have been effective. For example the US Gov't fought hard for Motorola's interests in Japan under the rubric of opening up markets. And on and on. This may be a dead cat bounce in the market generally, but my guess is that there is a move up coming. When, who knows? And since the Wall Street crowd is always tilted toward big, well known companies, Motorola has residual fans there. Unforseen shocks may work either way. No way would I suggest buying Motorola, but not sure this is the best company of the thousands available to short right now. But to each his own. Chaz