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Technology Stocks : Rockwell-Spins off Conexant (CNXT)

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To: David W. Taylor who wrote (1983)8/14/2003 10:19:10 PM
From: gpowell  Read Replies (2) of 2013
 
I was critical of CNXT's valuation as it continued to rise above 90, yet I was never banned from the other thread.

I think it was your style David, plus your obvious lack of knowledge about the company, it's market, and financial valuation methods beyond a simple trailing P/E ratio, that irked many people.

In your defense, many of the posters on this thread around the peak were insanely over optimistic and completely unaware of the risks involved. Most of them are long gone - and at least you kept your savings account intact.

How are your other predictions going - like Greenspan having to raise the fed funds rate - I think that was about 14 reductions ago.
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