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

To: Terror who wrote (694)	3/2/1998 4:05:00 AM
From: Ralph Bergmann	Respond to of 3436

I think we are in front a similar development as it happened with AT&T some years ago. Mot is on the way of becoming a real looser, a real dog. The dangerous point for investors is that the current stock price mirrows a lot of credit, based on the good performance in the seventies. A PE of 30 for such a poorly performing and growing company is simply too high in my eyes. If this credit should disappear the price could fall deeply. Until now I don't think it is not investors common opinion that MOT has a bad management. But this attitude could change very much during the next month if they show no progress. There is some light when Iridium starts commercially working. This could induce a lot of buying. I am interested in MOT as a long term investment. But I really don't know where a good entry point lies. Regards Ralph