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To: Les H who wrote (92463)	4/10/2001 5:56:59 PM
From: yard_man	Read Replies (1) \| Respond to of 436258

Put him in the whiner's box with Chambers ... >>Christopher B. Galvin, chairman and chief executive officer, said, ``We see a continuing downturn in the U.S. economy beginning to spill over to the rest of the world. The high-tech sector, which has been hard hit, is already in a recession. These issues, plus interest rate policy or energy prices, cannot be controlled by Motorola. <<

To: Les H who wrote (92463)	4/10/2001 5:58:12 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

Oh Goody! They tell us where the bodies will be buried: Review and Outlook Christopher B. Galvin, chairman and chief executive officer, said, ``We see a continuing downturn in the U.S. economy beginning to spill over to the rest of the world. The high-tech sector, which has been hard hit, is already in a recession. These issues, plus interest rate policy or energy prices, cannot be controlled by Motorola. ``But Motorola can control its selection of large and skilled financial partners, cash and balance sheet management and the innovation it pursues during the recession so we have winning customer solutions and strong profitability when the positive economic cycle returns. We have expanded financing relationships with Goldman Sachs Credit Partners L.P., JP Morgan Chase and Citibank/Salomon Smith Barney Inc. Cash flow from businesses, including net proceeds from investments, was positive in the first quarter and we anticipate it to be positive for the full year as well. A major contributor in the first quarter was a reduction in accounts receivable and inventories of over $1.7 billion. Also, we continued our longstanding history of innovation and investment in the future in order to bring exciting ideas and profitable solutions to our global customers.'' Good, I know who to poot on the opening tomorrow! Got Ponzi finance?