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

To: Big Bucks who wrote (14529)	1/12/1998 9:28:00 PM
From: Gottfried	Read Replies (1) \| Respond to of 70976

BB and all, from the MOT story in WSJ... Motorola's major operations performed as followed in the fourth quarter: Semiconductor sales rose 11% to $2.1 billion, while orders rose 10%. The segment posted an operating profit, reversing a loss in the year-ago period. The amounts weren't disclosed. Cellular-product sales increased 18% to $3.6 billion and operating profits were higher, although orders were flat. Land mobile-products sales rose 16% to $1.5 billion and orders climbed 36%, though operating profits declined. Sales for the messaging, information and media segment slipped 3% to $848 million, with orders edging up 1% and a larger operating loss recorded compared with a year ago. The operating loss was partially due to a restructuring charge related to Motorola's plans to stop making analog modems. The company's space and systems technology group, which includes the much-hyped Iridium satellite project, saw sales decrease 36% and a year-ago operating profit turn around into a loss. Orders rose 120% compared with a year ago due to the timing of recording orders from the Iridium program, Motorola said. GM