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Blog: John Myers

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You gotta spend $$ to make $$

Ferris Bueller's Day Off is one of my all-time favorite movies. One of my favorite quotes is from Ferris' dad:

"You gotta spend money to make money.... ya bone head..."

I basically implied ... err ... said... yelled this at Motorola in September. Today, Motorola released information about their 4th quarter performance. Or should I say lack of performance...

I agree with Colin Barr's opinion about how Carl Icahn might be ready to add Motorola to his collection of investments/targets:

  • BEA Systems... now part of Oracle...
  • Blockbuster
  • Time Warner
  • Medimmune... now part of AstraZeneca

With Google set to enter a handset market that already features Nokia and Apple, perhaps Greg Brown should reconsider spending that research and development dollars before Icahn decides that there's at least a $1 billion in savings to boost the stock price...

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  Posted by jmyers on January 23, 2008 8:00 AM |

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