Rockwell-Spins off Conexant (CNXT) Message Board

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Technology Stocks : Rockwell-Spins off Conexant (CNXT)

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To: The Gambler who wrote (1587)	9/18/2000 1:26:02 AM
From: David W. Taylor	of 2013

CNXT will not go under, at least not in its current form. It is wildly overvalued again, though. I still think around $20 is still a reasonable pre-split number. After the split, the modem side is probably worth quite a bit less. This wacky run up as a reaction to the split is a flash in the pan. There is little to no value added other than a little clarity of purpose for the two halves. This is just typical, "what can we do to increase shareholder perceived-value and earn us a fancy bonus" thinking by the management team. It's all smoke and mirrors. No more.

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