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Old 02-01-2008, 12:47 AM
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Default Re: It's official--Moto

Elmo P. Shagnasty wrote:
> is getting out of the phone biz
>
> http://tinyurl.com/22q5go


Did anyone actually read the press release?

I thought not.

"Company will evaluate alternatives to accelerate the ability of its Mobile
Device Business to recapture growth and profitability in an expanding
global market

SCHAUMBURG, Ill., Jan. 31 /PRNewswire-FirstCall/ -- Motorola, Inc.
(NYSE: MOT) today announced it is exploring the structural and strategic
realignment of its businesses to better equip its Mobile Devices business
to recapture global market leadership and to enhance shareholder value. The
company's alternatives may include the separation of Mobile Devices from
its other businesses in order to permit each business to grow and better
serve its customers."

There is absolutely nothing therein that says Moto is bailing on mobile
devices. The strongest it gets is that they MAY separate it from their
other businesses in order grow and better serve...

It also mentions the possibility of doing this to RETAIN the strong
personnel they already have.

Jeeez, grab a clue will ya?



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