$8.03
-0.21 (-2.55%)
Motorola, Inc. (MOT)
CAPS Rating:
The Company builds, markets and sells products, services and applications that make simple and seamless connections to people, information and entertainment possible through broadband, embedded systems and wireless networks.
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Everything you all say about current management is true. Greg Brown needs to get out as this idiot has no clue how to run a company. He's worse as MIke Z who ran Nortel into the ground. I used to work for MOT before Brown sold the automotive division. I met this slick talker. But that's all he is, a slick talker. No balls. He only knows how to chop chop chop but has no vision.
What they need to do is either spin off or totally shutdown the cell phone division, plain and simple. MOT cannot compete in consumer electronics. Why keep losing money? Get rid of the damn thing.
On the other hand, people don't realize that MOT totally and globally owns the walkie talkie business with something like 90% market share, their CANOPY wireless broadband is a hit, and their cable box business (General Instrument acquistion) is one hit away from stardom.
All the negativity has to do with the failure of the mobile devices devision. No amount of reorganization co-CEO, etc. is going to fix that. They need to jettison it. And once they do it, this thing will takeoff. You're looking at a triple bagger easily. But it's going to take an ouster of the board and this dumb ass CEO for it to happen.