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Technology Stocks : Rockwell-Spins off Conexant (CNXT)

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To: MeDroogies who wrote (1062)5/12/2000 1:02:00 AM
From: pass pass  Read Replies (1) of 2013
 
Another stock that I follow has exactly the same symptom. ADAP (Adaptive Broadband, aka California Microwave). Just like CNXT, it shot up big time after the name change and technology re-focus. But then it started to tank for no reason. All news was good news. Everyone thought there must be something seriously wrong that individual investors didn't know. Guess what? Nothing is wrong. Trying to figure out the market usually is a waste of time and source of frustration. Some stocks are listless because mutual fund managers were burnt and are not ready to move back in. They are waiting to follow other fund managers. But if they are so smart, how come most of them can't even beat QQQ?
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