Rockwell-Spins off Conexant (CNXT) Message Board

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Technology Stocks : Rockwell-Spins off Conexant (CNXT)

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To: norm chin who wrote (1924)	3/28/2001 2:42:44 PM
From: David W. Taylor	Read Replies (1) of 2013

I have no problem. The point that I am trying to make is that there is effectively no bottom for this type of stock. As I have repeated before, I consider CNXT my personal "canary in the coal mine". As long as the canaries keep dropping dead, then there is still gas in the mine and breathing will be impossible. Given that the Semiconductors have been one of the major focuses for the bubble, I found it useful to pick a typical semi stock. When we finally see a convincing capitulation in the overall markets, we will see HUGE losses in the SOX index. Given the above, there appears to still be vast downside for CNXT in particular, since they stopped making money a while back and are now being forced to take actions that they would never have done back in the crazy spin off days. Anyone know a cheap source of canaries?

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