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

To: Diamond Jim who wrote (1268)	7/7/1998 7:08:00 PM
From: Ramsey Su	Read Replies (2) \| Respond to of 3436

I read the earnings release and am surprised that stock did not trade down 10 points after hours. MOT has been guiding and guiding and guiding the street down, then came in and "BEAT" this estimate. Pretty lame. Surprised that anyone would buy this trick anymore. Huge $2.23 per share charge allows pencil pushers to put losses in which ever column they like to make "earnings" look better. There is no way for us to know if the country actually made 1 penny or lost $1.50. Orders just about guaranteed the next couple of qtrs are going to be miserable. Already not known for fantastic management, I think MOT's current management has just found a new low. I am glad I have no position now. With its recent dn trend, I thought there may be a buy opportunity. If the stock goes up tomorrow, shorting may be a better play. Ramsey

To: Diamond Jim who wrote (1268)	7/7/1998 7:16:00 PM
From: PaperChase	Read Replies (3) \| Respond to of 3436

Don't you understand it is part of the game! Mot overstated its planned losses, analysts reduced their numbers and then MOT beats them. Did you even bother to notice the $2 billion restructuring charge. MOT management would have to be totally incompetent to show a loss after such a huge restructuring charge. Geeshh. Are you new to these accounting games? No I am not short...yet. I'll wait for all the clueless fund managers and CNBC talking heads to say the worst is behind MOT tommorrow morning. Yup, orders down drastically and the manic boys will be loading up tomorrow. Are you buying tomorrow? I believe MOT belongs in the $30's with this kind of performance and I still consider the $30's a gift.