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Technology Stocks : Rockwell-Spins off Conexant (CNXT)

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To: Carolyn who wrote (162)6/9/1999 5:25:00 PM
From: faqsnlojiks   Read Replies (1) of 2013
 
I didn't see it myself, but heard that it was on Market Watch this a.m. And no, unlike many of our stocks that have been featured on CNBC, this one didn't tank after the report. :*)

Sell-off at the end of the day today was just the daytraders dumping after the run-up. I think we should have another positive day tomorrow, but sooner or later we'll probably see it fill the gap before resuming it's climb.

I'm in CNXT at about the same level you are ($38) when Joanie pulled my coat. While I might not be so optimistic to say that it will hit $200 anytime soon, I do think that 70-80 is possible if we can break through some resistance.

Joan sure called this one right! Hanging on to the bar!!

-Joe
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