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To: stockman_scott who wrote (1067)	4/11/2001 11:53:10 AM
From: Softechie	Respond to of 2155

DJ Motorola CEO: Says Co. Will Weather 'High-Tech Recession' 11 Apr 10:04 NEW YORK (Dow Jones)--Motorola Inc. (MOT) has been hit by a "high-tech recession," its chairman and chief executive Christopher Galvin told CNBC Wednesday. "We are making ... a plan to work the company through this high-tech recession and come out of it with really winning products and significant profitability," he said. Late Tuesday, the company reported a first-quarter loss of 9 cents a diluted share, missing analysts' expectations of a loss of 7 cents a share. The company has brought in a new team to address problems in its handset unit, according to Galvin. The chairman said he believes the company will be profitable and with positive cash flow for the "overall year." - By Chinita L. Anderson, Dow Jones Newswires; 201-938-2416 (END) DOW JONES NEWS 04-11-01 10:04 AM