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To: JMD who wrote (31068)5/26/1999 2:01:00 PM
From: Ruffian  Read Replies (1) | Respond to of 152472
 
Mot & Bam>

MOTOROLA INC. (MOT) 81 1/2 +2 1/2. Despite the volatile market conditions, particularly among technology stocks in recent sessions, this provider of integrated communications solutions and embedded electronic solutions has managed to rise above the fray and post steady gains. In fact, since a very underperforming twelve month period beginning in August 1997 thru September 1998, the stock has been on the mend the past eight months, basically doubling in price during this period. And the outlook is for the company to continue to grow its market share as Motorola has managed to revitalize its underperforming units, especially as the markets in Southeast Asia have rebounded from their moribund state. Motorola stock got a boost today when it was announced that the mobile division of Bell Atlantic (BEL 55 7/8 +11/16) would acquire one million wireless phones and accessories from the company. The equipment to be purchased by BEL includes the CDMA digital StarTAC ST7760 phone, the CDMA digital SC3160 phone and the StarTAC Clip-On Organizer so that Bell Atlantic can meet the increasing demand for its high-quality CDMA digital service. This purchase order is a reminder of how well positioned Motorola is in the cell phone market as the company puts its troubled past behind it, especially after the company fell behind with its much planned digital phone launch. The company also experienced troubles at its satellite communications product division when products designed for Iridium World Communications were not delivered on time, eliminating a window of opportunity in obtaining a solid footing in the fast emerging digital phone market. All this appears to be behind the company now however, as Motorola has managed to restructure its operation much faster than anticipated and has resumed its steady expansion phase. With Asia showing signs of life again, Motorola should be able to continue to post steady, predictable profits, something that was lacking through much of 1997 and 1998.



To: JMD who wrote (31068)5/26/1999 2:14:00 PM
From: quidditch  Read Replies (1) | Respond to of 152472
 
Mike:
On a pragmatic level, do we have any idea when Sprint will complete their national footprint? I understand that they're about the best there is (i.e., the biggest for digital PCS coverage) but as we are now discovering, there seems to be quite some way to go. Is this a 2 year thing or a 20 year thing

Sprint has a footprint a la Surfette's nubile foot out of the shower now dripping and leaving a print on dark concrete floor, which is to say an outline is taking shape but in her ball and other parts its kinda splotchy. Part of the problem, I know from personal experience, is corporate operations relative inability to keep Sprint store personnel in the field up to date, notwithstanding their cute little maps showing shaded areas of service (to be taken with a grain of salt). Part is strategic decisions as to how best utilize working capital by determining WHERE to deploy new BS to gain max gain from buck. Part, especially in suburban areas, is sporadic local opposition to putting up local trans towers based on aesthetic, environmental, health, beauty concerns etc. (let's put a halfway house near their neighborhood, not ours). Even in so-called "covered areas", there are gaps and drops. I'm sure there's more to it, but this gives some idea. As to time frame, who knows.

Actually, Sprint's website is kind of handy to check out.

Best. Steven

PS: Still thinking about Mario and the bar and the mates. Cheers