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To: UnBelievable who wrote (56481)	1/10/2001 5:25:19 PM
From: chic_hearne	Read Replies (1) \| Respond to of 436258

UnB, MOT delivers I see.... to da darkside. -ggg- Afterhours quotes are lit up like a Christmas tree with no green bulbs, only da red ones. I wouldn't be surprised if AG cuts by next Friday. Today is going to be repeated for 3 weeks and the talking heads should finally realize not only are we in a recession, but it's been building for a while. chic

To: UnBelievable who wrote (56481)	1/10/2001 5:27:45 PM
From: Don Lloyd	Read Replies (2) \| Respond to of 436258

biz.yahoo.com "...Review and Outlook Christopher B. Galvin, chairman and chief executive officer, said, ``We are making the adjustments that are necessary in a period of slower overall economic growth. Having anticipated a softening in economic activity, we began implementing cost reductions in the third and fourth quarters of 2000, and will continue with additional actions to be taken in the first quarter of 2001. These actions have been designed to adjust our costs to softening global market conditions and, as the market recovers, to restore the trend of improved profitability that we had achieved over the last two years,'' he said. ``Despite a slowdown in the growth of overall consumer spending, we expect demand for wireless, broadband, and workgroup equipment and services to grow as individuals continue to be attracted to broadband's triple play of voice, data, and multimedia and the convenience of portable communication products. Growth in embedded devices has slowed in most segments, but the demand for embedded systems that make our customers' products simpler, safer, smarter and more synchronized remains strong in the long term,'' Galvin said. ``Business customers are assessing the recent changes in global debt markets and capital availability as they focus their near-term capital investments. The robustness of business activity in this economic cycle for companies like Motorola over the next few quarters will be largely determined by the level of success of further change in fiscal, tax and regulatory policy worldwide. We are still in the early phase of this change in economic cycle. Therefore, its pace and direction is not firmly predictable. Motorola has managed successfully through economic cycles in every decade since its founding in 1928. We remain more enthusiastic than ever about the benefits to society and our shareholders of wireless, broadband, Internet and embedded solutions tailored uniquely for the person, workteam, home and automobile, powered by embedded systems,'' he said. ..." Regards, Don