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

To: Wallace Rivers who wrote (589)	1/12/1998 9:56:00 PM
From: qdog	Respond to of 3436

I'm not a MOT investor, but for obvious reasons was curious about their earnings. I was speculating with my broker today with MOT weakness, was there a whisper number to the downside? Did MOT beat that number? I think that it was a given with MOT Asian exposure that the earnings would have been impacted somewhat.

To: Wallace Rivers who wrote (589)	1/12/1998 9:58:00 PM
From: Feraldo	Read Replies (2) \| Respond to of 3436

Read my type (and others who care)! Do not think that MOT cannot start a drop. MOT is regarded as a first sign, if anything is bad to come. Expectations were high, and were cut back and back, but other companies expectations were high, and were not cut back as much. Just the words: During the fourth quarter, the deterioration of economic conditions in certain Asian markets had an impact in terms of slowing the growth of sales, orders and profits, as well as putting pressure on pricing, Could have a huge effect on all stocks. MOT may not have been to effected, but that it is left to be seen of the other 15,000 or more traded companies. They came short of even the most recent revisions. Therefore one is left to believe that other companies can, and most definitely will come short of expectations. In a way MOT can handle it better than other companies. Take a company that has yearly sales of say 1 billion. A fluctuation as we have seen in ASIA can greatly effect a company of that size. The market, is made up mainly of companies this size, and the bigger ones can fend for themselves, much better. MOT is a sign of what lie ahead.

To: Wallace Rivers who wrote (589)	1/12/1998 10:03:00 PM
From: Feraldo	Read Replies (1) \| Respond to of 3436

And again some more evidence: Galvin said, ''We are still facing challenges in the near term, as we expect the economic conditions in certain markets in Asia that affected fourth-quarter results to continue for at least the first half of 1998. We are assuming the cooperative efforts of many nations and the International Monetary Fund will help to stabilize the Asian situation. Largely for this reason, sales growth in both the first and second quarters of 1998 is estimated to be in the range of 10 percent compared with the year-ago quarters. We will continue to control costs, but we will also continue our investments in Asia where appropriate, as well as our strategic investments in technology. Moreover, Motorola's manufacturing presence in Asia should help lessen the impact of expected lower economic growth and greater pricing pressures from the region. ''Despite the current conditions in Asia,'' Galvin said, ''the region continues to represent a solid long-term growth opportunity for Motorola. The economic restructuring that is occurring in countries such as Korea should help to promote sustained growth in the future. Growth in Latin America remains very strong. We see continued steady expansion in the United States. Growth in Europe is accelerating. We remain confident that Motorola is building the foundation for profitable growth in the years to come,'' hesaid. MOT did not get hurt as bad, also, because there business is more high end consumer, to corporate users. Take a look at KO and MCD for starters. They will get hit badly by ASIA. Throw in PG and many others. Then throw in some oil companies. Oil is so low in price now, because of the turmoil in ASIA. No one can buy gas, so oil is dropping. Then we see oil companies hurt badly, espescially after many flew 80+ PE's for a little while. This is just the beginning of it all INTC starts round two of the killing game tomorrow.