The last I checked U.S. Steel or United States Steel (X) is still around and iis an approximately a $20+ billion company. The stock price increased greater than 50% a year since 2006.
Regarding Motorola, strip out is handset division and the company is profitable. Motorola has three choices, (1) invest capital and try to regain profitability, (2) sell the division, (3) spin the division off as a stand alone company. Based upon public comments from the company number (3) is the most probable.
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The last I checked U.S. Steel or United States Steel (X) is still around and iis an approximately a $20+ billion company. The stock price increased greater than 50% a year since 2006.
Jun 22 22:41 pm
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All Comments by RPK »Motorola: Dead Company Walking? [View article]
Regarding Motorola, strip out is handset division and the company is profitable. Motorola has three choices, (1) invest capital and try to regain profitability, (2) sell the division, (3) spin the division off as a stand alone company. Based upon public comments from the company number (3) is the most probable.