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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: RR who wrote (59309)9/27/2003 10:09:07 AM
From: Dealer  Respond to of 65232
 
MOT had a good week in a down market.

15:27 ET MOT Motorola issues guidance (12.23 -0.29) -- Update --
Company also guides for Q4 in release, says sales and earnings to exceed last years Q4, when co reported sales of $7.546 bln, consensus is $7.417, however revenue consensus includes outlier estimates at $6.9 and $6.77 bln that are pushing down consensus estimate. (Outlier implies an estimate within the consensus that may not be comparable to guidance and should be excluded).

15:18 ET MOT Motorola says well positioned for holiday cell phone sales (12.17 -0.36) -- Update --
"While we are encountering some variation in our introduction of certain new models, we believe PCS is making strong progress overall in its ability to meet market needs by working closely with customers all over the world and successfully testing and launching new products in a timely fashion throughout the year." Consistent with prior guidance, co expects to begin shipping at least 16 additional new phones in Q4, 12 featuring color screens and 8 of these 12 also featuring integrated cameras. Co says Q4 sales and operating earnings in 2003 also are expected to show improvement over the prior yr's Q4.

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