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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (51572)9/6/2001 12:06:48 PM
From: michael97123  Read Replies (3) | Respond to of 70976
 
Motorola, the world's second-largest mobile phone maker, had said previously that it expected third-quarter sales to be up 5 percent compared with the second quarter.

Shares of Motorola were off $2.35, or 14 percent, at $14.05 on the New York Stock Exchange in late morning trade.

Brian,
So let me get this straight a 5% drop in sales in a quarter that was obviously going to be weaker than anyone expected cause a 14% drop in stock price in a market where a co as respected as TI says it sees the bottom. And this after a substantial drop over the past several days. Will the market tank 14% on every warning. Nasdaq will be to 0 in a month. mike



To: Proud_Infidel who wrote (51572)9/6/2001 12:52:02 PM
From: michael97123  Read Replies (1) | Respond to of 70976
 
Thursday September 6, 12:49 pm Eastern Time
Campbell Soup fourth-quarter earnings dip 12 pct

Now the s..t will really hit the fan! MMMM Good