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


To: James H. Williams who wrote (1037)5/13/1998 1:23:00 PM
From: AgAuUSA  Read Replies (2) | Respond to of 3436
 
Denial of buyout story was on Bloomberg.

I sold my shares into the news this morning. Been waiting for this opportunity to sell after the pleora of disasters assoc with this co. Since so many others have shared their "opinions" of this co I joined in.

If you planning to hold for a buyout, I say Good Luck!!

Note that Siemans stated they are not interested!!

If you think the "investments" that Mot is making in Asia will save them, I REALLY wish you good luck!!! They are investing in Semis and telcom Asia sectors which are BOTH at crisis states. Asian mfrs are shutting down these sectors factories. No one is willing to buy their products at a profit and they can't get financing to update their fabs.