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Technology Stocks : Rockwell-Spins off Conexant (CNXT)
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To: Randy Nuss who wrote (8)1/20/1999 7:07:00 AM
From: Slide Rule  Read Replies (1) of 2013
 
Randy, trying to understand why Rockwell spun off CNXT and several other divisions. Could not tell from press releases at CNXT site. Was it:
- worth more as separate companies?
- change in strategic direction
- parts not working well together
- getting rid of under-performers
- sell assets to raise cash
- etc.

Also, wondering how their modem business is doing now. I recall the "Rockwell chipset" went up against 3Com's on 56K modems, and many thought they did not do so well.

I'd appreciate any perspectives.
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