Monday, November 02, 2009

Motorola Continues Wiggle

Motorola (MOT) Hello Moto came out with an interesting caveat in its last earnings release. When it dealt with Q4 guidance it included the caveat “This outlook excludes charges associated with the Company's operating expense reduction initiatives, as well as any other items of the variety typically highlighted by the Company in its quarterly earnings releases.” This pretty well gives you any wiggle room you need. Which Motorola typically has needed.