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 Marc Cabi - “Total net subscriber additions for the Korean market declined from 550,000 and 417,000 in October and November, respectively, to 164,000 in December. The slowdown was caused in part by a government investigation of illegal handset subsidy payments allegedly paid by carriers in previous months.”
 Marc Cabi - “We believe there is upside to our estimates due to strong execution, overall strength in the devices segment and a relatively strong holiday selling season.”
 Marc Cabi - “They are one or two years behind Ericsson and Nokia in terms of getting aggressive with digital handsets.”
 Marc Cabi - “We believe the slow market conditions and maturity of this market can continue to limit upside and put pressure on high-end estimates.”
 Marc Cabi - “We believe the company should also see a boost in interest income now that the handset and infrastructure businesses are divested.”
 Marc Cabi - “The company clearly benefited from the sale of the handset and infrastructure businesses in 1999. The remaining segments offer much better profitability.”
 Marc Cabi - “We believe the announcement shows further evidence that Motorola's General Instrument acquisition is paying dividends. We have confidence that the company can deliver 20 percent growth in the segment through 2001.”
 Marc Cabi - “During our visit with companies in Korea, each company acknowledged that June revenues for handsets dropped drastically, although they did not agree with the degree to which it dropped.”
 Marc Cabi - “We believe the new company should be a core portfolio holding for investors seeking participation in the proliferation of the mobile Internet.”
 Marc Cabi - “For the past five months, the company has been working on the profitability of the phone business rather than just sheer market share. We think Motorola can achieve those double-digit operating margins.”