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Technology Stocks : Rockwell-Spins off Conexant (CNXT)
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To: Lou D who wrote (749)3/2/2000 7:52:00 PM
From: David W. Taylor  Read Replies (1) of 2013
 
I disagree. CNXT was one of theStreet.com's "RedHots" and was pumped very hard late last year.

It has been a momentum stock for a few months. From all appearances, it is losing momentum and the small and large players alike are moving their fickle attention to the next hot stock.

This looks like an excellent short play to me.

Disclosure: I have no position in CNXT directly or indirectly.
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