Rockwell-Spins off Conexant (CNXT) Message Board

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Technology Stocks : Rockwell-Spins off Conexant (CNXT)

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To: MeDroogies who wrote (1571)	9/16/2000 6:41:36 PM
From: Michael Patrick	Read Replies (1) of 2013

Current economic scenario has investors hungrier than ever for companies that present the prospect for strong growth. CNXT's spin off strategy has a number of major firms on the street impressed. Strong percentage gains should be made over the near term as the institutional community will not want to be left out of this story. Strategies to increase shareholder valuation are always applauded and rewarded on the Street. The spin off here is a no-brainer to unlock the value in this company's stock, and we very well may see money shifting into CNXT this week as investors seek to avoid the September blahs and the earning's warning season in other stocks. This story works for me with a near term target of 60 imho.

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