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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 11:32:06 PM
From: David W. Taylor   of 2013
 
>> However the stock went down on the news indicating what? Fred >>

Indicating that you didn't do enough research and that the stock is basically on the way down again from a small pop upwards, Fred.

I hope $43,000 (now $41,000) is only a small percentage of your portfolio.

The SOX (semi-conductor index) is trending downwards as companies like Intel and Lucent disappoint. Conexant does not appear to me to have a better outlook than any other chip seller.

The 10mbs plus home networking market is a Holy Grail but I doubt that you will see any return for CNXT in that market for at least 24 months, so I hope that you are a long term player.

Just my opinion, and as you will no doubt hear, not a popular one on this board.

David
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