David,
Your contributions, as you put it, are zero. You insist that everything associated with CNXT is negative. When the company decides to make a change, you insist its smoke and mirrors. YOU DIDN'T EVEN KNOW WHAT WAS HAPPENING the first day of the announcement! You came to this thread and asked someone to explain the situation to you but, low and behold, you instantly figured it out and, to the threads surprise, you decided that the news was once again negative for company. You have the nerve to call my reaction to your skepticism a sick attitude when all you add to this thread is doom and gloom. You have shown by your comments here that you do not understand how the stock market functions, what causes stocks to go up or down and yet you want to the be the thread to bow down to your prognostications?
You really take the cake, David.
Here's a few comments from more knowledgeable individuals:
“The market has not treated Conexant fairly when you look at its
peers, its profits, the breadth of its product line,” said analyst Will
Strauss of Forward Concepts Co., Tempe, Ariz. “Its stock was going
nowhere, and there was clearly a lot of pressure from concerned
parties.”
“The internet infrastructure and personal networking markets are each
characterized by largely separate groups of both customers and
competitors, each exhibiting significantly different product, sales
channel, and customer-support requirements,” he said.
“The split will enhance the competitiveness of both companies by
allowing them to focus their research and development activity, while
also allowing them to attract and retain the highest-caliber technical
talent,” Decker added.
“Internet infrastructure represents Conexant's fastest-growing
business,” said Arun Veerappan, an analyst at Robertson Stephens
Inc., San Francisco. “The spinoff of the business will likely unlock
significant value from Conexant's stock.” |
