Rockwell-Spins off Conexant (CNXT) Message Board

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Technology Stocks : Rockwell-Spins off Conexant (CNXT)

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To: Alfred W. Post who wrote (1622)	9/27/2000 9:58:47 AM
From: The Ox	Read Replies (1) of 2013

Welcome Alfred, I would make the point that the market has been ignoring most of the news releases put out by CNXT with the exception of the company split-up news. Until the company releases it's earnings, I believe there is very little 'product' news that will move this stock. The wireless chip suppliers' stock have all fallen due to the negative news in the industry and the current market perception appears to be that there are tough times ahead for these stocks (CNXT, RFMD, AHAA, etc..). We will see during the up coming earnings season just how accurate this perception is. If these companies come out with disappointing earnings or forward guidance, then the downward pressure on these stocks will be justified. If the earnings are solid and forward guidance impressive, we will see a very nice rally in this sector. Just my opinion, FWIW. Michael

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