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

To: Paul van Wijk who wrote (607)1/13/1998 1:44:00 AM
From: craig crawford  Read Replies (1) | Respond to of 3436
 
MOT will trade higher tomorrow. You guys don't need to read anymore posts. I have said all that needs to be said.



To: Paul van Wijk who wrote (607)1/13/1998 2:04:00 AM
From: Fred Ayres  Respond to of 3436
 
$0.03 is meaningless

Run the numbers. MOT has 595.5 shares outstanding. The miss of $0.03 multiplied by 595.5 gives $17.9M. Yes, MOT was off $17.8M on $1.18B in revenues. So?

MOT was off 1.5% from the estimates. Watch investors sell MOT tomorrow and chop off about a billion or more in market cap for a $0.03 miss. Is that rational... no.

Fred


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