This is a company with a lot of operational issues going forward.
More Quotes from Brian Modoff:
While an industry-wide slowdown in semiconductor demand is something management has little control over, of greater concern to us is management's continued difficulty in executing its handset product transitions and cost reductions in an increasingly competitive market. We do not see this improving anytime soon,Brian Modoff
The quarter was good. Outlook was conservative for the full year which is good and we like the first-quarter guidance, ... I'd rather they start out conservatively (for the full year) and be able to move the numbers up rather than put a high bar up and set themselves up for disappointment.
Brian Modoff
E-mail was the first frontier and now they are asking what's next. Application support is definitely right, but it's also a strategy their competitors will employ.
Brian Modoff
We would also like to emphasize that Motorola is building several strong businesses independent of its handset business, including network infrastructure, semis, and broadband, all of which have both healthy revenue and high margins,
Brian Modoff
It's giving competitors an instant foot in the door.
Brian Modoff
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