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Technology Stocks : Rockwell-Spins off Conexant (CNXT)
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To: David W. Taylor who wrote (1077)5/14/2000 12:39:00 AM
From: MeDroogies  Read Replies (1) of 2013
 
Actually, no matter how you cut it, the rate of return on CNXT is positive for the majority of CNXT holders.
Besides that, if you have any understanding whatsoever of how markets work, and people interact, gpowell's observations are 100% on the money.

NOBODY can make observations that are perfectly correct. What will you do in 6 months when your 150 basis points are incorrect? Probably just feel stupid. What will I do when your 150 basis ARE correct? Keep buying....

gpowell has pointed out something relatively important. We make guesstimates that are important to our decision making process. Mine (and many people's) assume that we will be right, but have a backup in case we aren't.

Based on your previous statements, you just make a guesstimate...and if it's right, you crow (as you are now doing). If not, you stay out of a killer market for 2 years. Clearly, you've lost a huge opportunity.

Me? Even AFTER the "crash" I'm still over 200% ahead of where I was 2 years ago...are you? You can't be if you did what you say you did.
Good luck. I once had a modicum of respect for your opinion. But as the "boo birds" got your goat, you became increasingly defensive and condescending. That's a bit childish.
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