Wednesday, March 21, 2007

Motorola (MOT)

Handset sales disappointing. Revenue is going to $1 bln below guidance in the 1st quarter; EPS also m issing by a mile: 17c was expected, loss of as much as 9 cents now expected. MOT halted, but when it's resumed they won't be using a claw hammer; they will pull the wrecking ball out.

Motorola (MOT) was rumored to be the buyer of PALM (PALM) tomorrow morning, I wonder if Ed Zander had to say, "mommy does this mean I can't buy Palm?"

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