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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: lawdog who wrote (8590)	4/10/2000 10:44:00 PM
From: Ben Wa	Respond to of 24042

3% is supposed to be sent to her checking account.

To: lawdog who wrote (8590)	4/11/2000 2:52:00 AM
From: pat mudge	Respond to of 24042

Where's the missing 3%? Beanie Babies? The footnote says: "b. Goldman Sachs recommends investing the remaining 3% in commodities. " While I suspect Beanie Babies are becoming commodities, I doubt that's what Abby meant. More MOT press: >>> Motorola Earnings More Than Double By DAVE CARPENTER The Associated Press CHICAGO (AP) - Motorola Inc. provided Wall Street with strong new evidence of its turnaround, reporting its first-quarter profits more than doubled on booming sales of its mobile phones and semiconductor products. The Schaumburg, Ill.-based electronics manufacturer is now well positioned to fare even better as the so-called third generation of cellular phones, which offer Internet access and video display, takes off, analysts say. ``We're seeing the third-generation cellular accelerate,' said Pete Peterson of Prudential Volpe Technology. ``That's a significant shift, and Motorola is advantaged toward that.' Earnings from continuing operations were $449 million, or 59 cents a share, up from $184 million, or 26 cents a share, in the first quarter of 1999. A consensus of analysts surveyed by First Call/Thomson Associates had forecast earnings of 58 cents a share. Since losing its spot to Finland's Nokia a year ago as the world's top cell phone maker, Motorola has moved more aggressively to take advantage of the surge in worldwide mobile phone use. It said it has introduced 20 new wireless phones recently with a focus on Internet-ready products - an area it was behind in until restructuring itself. The company said its phone sales for the quarter increased significantly in most regions, although orders declined in Europe. Cellular phone shipments even edged up from the fourth quarter, when sales were particularly strong due to Christmas buying. Analysts had expected a decline. Sales of semiconductor products jumped 24 percent to $1.9 billion and orders rose 21 percent to $2 billion. Overall, sales from continuing operations were $8.8 billion for the quarter, up 19 percent from $7.3 billion in the same period a year earlier. ``People were looking for a strong performance from Motorola ... and they got that,' said Peterson. ``This quarter is marginally better than expected.' >>>>>> Pat