Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (26213)	12/18/2001 4:25:19 PM
From: bruceleroy1_-	Respond to of 52237

you said it Live Headline from Briefing.com 18-Dec-01 16:16 ET Motorola (MOT) 16.61 +0.34: -- Update -- Expects to cost-cutting actions to result in a further reduction of approx. 9,400 employees company-wide, expected to occur over the next twelve months. Co expects to achieve cost savings of $865 mln in 2002 and approx. $1.1 bln on an annualized basis thereafter. Live Headline 18-Dec-01 16:22 ET Motorola (MOT) 16.61 +0.34: -- Update -- Motorola is confirming that it expects to be profitable in 2002 and believes that it can achieve the consensus expectation of 2002 annual earnings of $0.15 (Multex consensus $0.16). For Q1, co sees a loss of $0.11-$0.14 (consensus -$0.03). Co indicates it will experience a 14% sequential decline in revenue in Q1 (Wall Street had expected rev decline of approx. 4% in Q1). Live Headline 18-Dec-01 16:24 ET Motorola (MOT) 16.61 +0.34: -- Update -- Co notes that it has not previously provided specific guidance for Q1 and FY02, and that the investment community independently arrived at a consensus for Q1 that does not reflect co's sequential seasonal sales pattern