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Motorola CFO confirms positive Q4, boosts shares

By: , IntoMobile
Monday, December 10th, 2007 at 9:29 AM

Motorola sees rise in shares after positive Q4 announcementNow that’s a good stock market. Responding to Motorola Chief Financial Officer Meredith’s announcement that Moto will be on-track for a positive Q4 2007, the company’s shares saw a bit of a boost on the stock market. With the ouster of CEO Zander and the recent departure of CTO Warrior, we’re sure CFO Meredith (tired of the three-letter acronyms yet?) is still happy to have a job. Moto shares saw a 2.4% rise to $16.12 in afternoon trading. It seems traders and investors are liking what they heard and are starting to put their trust into the once-giant mobile phone manufacturer.

The market can be a cold mistress in times of distress, but as soon as things get nice and rosy you can be sure that mistress will pamper you with financial blessings. Good for you Moto! We’ve supported you for long enough. It’s time to go out there and try to get your game back.

[Via: Yahoo]

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About The Author

Will Park

Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...