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Technology Stocks : Rockwell-Spins off Conexant (CNXT)

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To: The Ox who wrote (1692)10/11/2000 3:53:32 PM
From: MeDroogies  Read Replies (2) of 2013
 
When are you guys going to forget about him?
He hasn't been correct since CNXT bottomed a while ago...and it hasn't hit, or come close to, his "target" price.

Meanwhile, we've all averaged down in a solid company, in a depressing (but that happens from time to time) market.
Hang tight. AG is happy with the way things look now, so most of the gloom and doom will clear up in the next few months.

Despite oil prices, inflation remains in check (even under old measures, it hasn't surpassed 4%...below the 25 year average), and productivity remains strong.
The techs we see warning are ones that should have been expected to warn - they've had amazing runs. Time runs out on all things. However, these too will soon rise again.

We know the value of companies like CNXT. Thankfully, I dumped my ORCL at about 85 and averaged down here....things can only look up when they are at their worst, and I'd say we're pretty much at the worst.
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