Rockwell-Spins off Conexant (CNXT) Message Board

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Technology Stocks : Rockwell-Spins off Conexant (CNXT)

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To: gpowell who wrote (1736)	10/19/2000 4:53:48 PM
From: MeDroogies	of 2013

CNXT is in the right place at the right time...I'm still very optimistic about their future. I would say that the CC was a setup for potential, not actual. CNXT doesn't want to have a situation where they say markets are good, and turn sour, so it's better to manage expectations. This is an excellent move. I think the doom and gloomsters have overdone it. AG is happy now. The market will probably still be volatile, but we have a range of behavior. AG doesn't have to worry about a hard landing, so he won't be inclined to lower rates anytime soon. However, he sure as hell isn't raising them now. Come December/January, he'll be thinking that lowering is not a bad idea, and probably act on it by March.

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