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


To: Feraldo who wrote (585)1/12/1998 9:43:00 PM
From: Wallace Rivers  Read Replies (3) | Respond to of 3436
 
Read my lips (and others on this thread)! Do you think ANYONE on the Street was expecting the company to make the so-called "expectations"! You would have to be living under a rock to think that a company with 60% of sales (per Value Line) foreign, would not be SIGNIFICANTLY affected by Asia.
Bottom line is the whisper number was much lower than the "estimates." Whether or not MOT's PE is too high given current growth is a matter for another discussion.