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Technology Stocks : Motorola (MOT) -- Ignore unavailable to you. Want to Upgrade?


To: John Koligman who wrote (3072)2/15/2008 3:12:14 PM
From: slacker711  Respond to of 3436
 
Wish I had picked some up. Stock looks to be sliding back now, did you sell, are you holding, or adding? I read some stuff on the recent wireless show, and I have no clue what is going on with this company. They apparently are still not showing any new handsets of note while the competition seems to be coming out with them on what almost seems like a daily basis. Samsung, Nokia, and Sony/Ericsson showed some nice new models...

I held, though I must say that if I had established a large position I might have sold on the day that they announced the restructuring. The fact that they are talking about something so dramatic makes me doubt the schedule for their next generation platform.

You are right about the show, Motorola's releases were pathetic. The odd part is that leaks of the new platform began showing up on websites which usually is a sign that they will announce relatively shortly. I cant vouch for it, but a poster on a message board indicated that they were showing the models behind closed doors to the operators.

I think the stock stay stuck in the mud until we get a better idea as to when these new handsets launch. I still think the downside is limited, but who knows? I never would have predicted that Motorola would see this dramatic decline in their handset unit in the first place.

Slacker