Rockwell-Spins off Conexant (CNXT) Message Board

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Technology Stocks : Rockwell-Spins off Conexant (CNXT)

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To: David W. Taylor who wrote (1778)	12/4/2000 11:32:03 AM
From: SpecialK	Read Replies (1) of 2013

David, What do you think of 3Com spinning off Palm? Investor X had 3Com at $27, now they have 1 share of 3Com at $15 and 1.5 shares of Palm at $40+. Good for investors. Focus of the businesses and customers were not the same. Good for the company. To purely talk about this spinoff as looking at stock prices is as naive as talking that it has nothing to do with stock prices. By the way, for whatever reason, the market likes pureplays, easy comparisons to competitors. At current prices, $22 , your $16-18 target is not far, but please tell me your target for a 2-5 year timeframe, both on a combined and separated basis. I'm not sure that I agree with the simplistic comparisons in the Barron's article.

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