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Technology Stocks : CNXT the moderated thread

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From: chuckj10/31/2008 4:44:23 PM
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Hi everyone. I am so frustrated with Conexant's performance. My break even point is $6 a share and I have little faith in the company to cost average any more. It seems we waited for the day they deliver 26 cents a share, thinking that such day would arrive and we would be back in the 20's and instead we got the day that they deliverd 26 cents a share and we are trading at 1.5, lowest ever. I am beginning to think they were better off hoarding the cash they generated in the past couple of years and not done anything to eliminate the debt. Listend to the conf call and it was all good. I am at a loss why the market thinks conexant is not worth investing into..
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