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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?


To: DrMedina1 who wrote (23655)6/6/1998 1:29:00 PM
From: Jane Hafker  Read Replies (2) | Respond to of 34592
 
Dear Dr. M., my first sound investment, at the only urging of my only good buddy broker who knows of what he speaks, was in fact Motorola at $52 summer I think of 95. By fall it was at $80. Of course, it settleed about $60 for awhile, but still went up and down. Great company and always will be I'm sure.

The company I think suffers from a single bar syndrome in Phoenix.
Like McDonald Douglas, after it changed from solid, plodding Hughes Aircraft legacy in mid 80's in Mesa, AZ, it was worse than a sit-com, and personnel seemed to be more like directors casting movies. The excessive lack of work and carnal activity would have to be seen to be believed. They stopped short ONLY of having a beer wagon travel around the halls during working hours.

It went belly up. Motorola, I noted with much amazement, was also a bar without beer, and very much a Friday night singles bar atmosphere, married or single employees, it didn't matter. That was in l983, when I was briefly there, before going to a much more stogy corporation closer to home, but that was over 15 years ago and I'm sure it hasn't gotten any better, probably even worse. What it took for M-D to reform was bankruptcy and putting all of the very attractive, totally non productive except to hussle each other employees on Unemployement.

My best friend at a corporation a few miles away called her buddies at McDonald daily, and daily gave me unsolicited details at lunch. I also cruised the parking lot with her during our lunch breaks, in her little Fiero, looking for ex boyfriends she had established while on the job there. Sounds like a TV script? Right.

Motorola also struck me as a TV set, harder working, but so obviously a meat market atmosphere it was hard to believe. I wondered at the time how the corp. could make money under those cirumstances. The personnel director at the one plant was more like a cruising loungue lizard, and was responsible for most of it, I guess. I don't know. I never understood M-D or Motorola's philosophy of hiring or how they possibly thought it fit in with profit making.

So, looking back now, the fruit of that is usually not advantageous to the greater goals of the Board of Directors, versus the immediate goals of middle management who should quit and go be a bartender.

Motorola will come back. Before this time it was nearly at the top of all technology, and can easily be again by clearing out the bar. For anyone in GMGC or ALYA, that will be very advantageous.