Via tickersense.typepad.com:
Over the past few months news about MOT has slipped off the radar screen, mired at a price at or below its 50-day of $18.09. What had been a saga about Carl Icahn's involvement with the company's board has been replaced by the Dow Jones saga. The news about Icahn's position in MOT helped the stock in the first part of May, but the rally was short-lived. The narrowing of the Trading Envelope in the chart below shows that there is almost no volatility in the stock, which we associate closely with interest.
Motorola reported earnings 100% better than analysts' expectations, but the YoY quarterly growth was (95%) . Forecasts are higher for next year, but, barring some outside event, we don't expect any change in the price unless MOT begins to show strong growth in both EPS and Revenues.
$17.74 (07/24/07)
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