Is Motorola now a good investment?

The stock is up even though long term outlook not that rosy... what do you think?

Its last quarter was better thsn analysts estimates and as a result its stock price has advanced. The big problem for Motorola has always been that it is more of an engineering company when it needs to be more of a dynamic marketing company. That's why Carl Icahn is the mad dog running down the hallways there exhorting change and by Jove, he's getting it!
If he stays and more changes occur, not just the cost cutting, like getting the stodgy managers to be more strategic and focus more on market place events and regain market share, then this could be a real turn around. Right now, if you are a risk taker, put some money down, get your feet wet. In a couple of quarters you'll know if it was a good move.
As for me, I'm a serious investor and I would check its history, say earnings vs share price for 8 quarters, get some correlation and review some analysts opinions before making a move. If the arrows point in the same direction, then decide. Personally, I'll buy a couple of hundred shares and cover with a put.

Great idea... get the opinions of strangers (whose qualifications and motives can never be known), how to invest your hard earned money.

You give no information on where in your "asset allocation" model this would fit. You don't talk about your risk tolerance. You make no reference to your time horizon.

You simply want to know if the stock will go up or down. We'll the answer is.... it will or maybe not.