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

To: steve walsh who wrote (1148)	6/4/1998 9:53:00 PM
From: Lazlo Pierce	Read Replies (1) \| Respond to of 3436

Wow, the amazing thing is in addition to the decreasing operating income (leading up to a loss this Q) they've been showing these last several quarters, it seems as if they've been throwing special charges just about every Q too, which is really an accounting trick to mask more losses. But this one they announced today takes the cake. On top of all of the prior ONE-TIME CHARGES, and an operating loss this Q, they are writing off ANOTHER 2 BILLION DOLLARS. At $50 MOT's market cap is just under 30B. They are taking a charge equal to ~ 6.5% of the entire market cap. This whole thing is outrageous. Dave

To: steve walsh who wrote (1148)	6/4/1998 9:56:00 PM
From: Monty Lenard	Respond to of 3436

MOT is a joke as far as I'm concerned. My X Broker had me buy MOT several years ago and I saved my behind by breaking the rules and averaging down 2 times then getting out. The buy and holders who bought MOT 4 or 5 years ago as a long term investment have been murdered. I just received a new promo from AT&T on my cell phone trying to get me to convert my plan. They were offering digital phones at discounts but MOT was not on the list of available phones. This to me was very significant! Monty