With top-notch engineering, Motorola once owned the wireless business. So why is it now flat on its back? Reports of motorola's re-birth have been greatly exaggerated. The hoped-for turnaround—trumpeted with great fanfare by Christopher Galvin, grandson of the company's founder, after he took over as chief executive in January 1997—is still very much a work in progress. If progress is the right word: The Schaumburg, Ill.-based electronics giant keeps stepping back from its own expectations.
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