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Technology Stocks : Rockwell-Spins off Conexant (CNXT)

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To: McNabb Brothers who wrote (1898)1/19/2001 12:43:21 PM
From: David W. Taylor   of 2013
 
I'm having a fine time here chatting to myself.

As for my reasons, you will need to look back in the thread. As I said yesterday, I see CNXT as the canary in the coal mine. Call it my crude indicator.

If there was a sudden warming to me and a rush of honesty on the thread, it would be a signal of a bottom for the entire market. Then, and only then, would I buy CNXT.

Nobody else will for a while though... Things like this... "CONEXANT SYSTEMS DROPPED TO 'LONG-TERM ATTRACTIVE' FROM 'BUY' AT ROBERTSON STEPHENS" are what analysts use to issue sell recommendations.

I have never worked for Conexant and never will. I am not a disgruntled employee. I am also brutally honest about what factors I use to consider stocks a buy. CNXT has been nowhere close for over a year.

On the other hand, I have recently been in and out of APCC for a good $3 scalp. There could be a little left there. See the APCC thread.
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