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Technology Stocks : Rockwell-Spins off Conexant (CNXT) -- Ignore unavailable to you. Want to Upgrade?


To: Carolyn who wrote (171)6/9/1999 8:15:00 PM
From: Joana Tides  Read Replies (1) | Respond to of 2013
 
Hi Carolyn and Joe, fancy meeting you here! You're right, this is a good thread!
Would like to add...not a bad idea take a look at ROK if you haven't already. rockwell.com Same price appx. now as CNXT. Lots of real Rocket Scientist Space-Age Wizard divisions in there... quite a value, yes? Am recalling at the time of the CNXT spinoff, a ROK Mr. Big said in an interview that this spinoff is the first of what may be more to come in the future. That's The Kinda Stuff to Hold and Watch What It Does...and not disturbing it's spawning grounds as it rises seems to be the pattern that pays. Just An Extrapolation: So if all of ATT's spinoffs are splitters while the parent is not (this recent ATT split was an exception, and it was because of deciding not to spinoff TCI as a tracking stock afterall, because of knowing that they wanted to acquire UMG and grow 'em together probably)- and ROK isn't a splitter but gave this CNXT division spinoff, well perhaps we can be expecting more of a similar-type action as T and it's pups indeed, from both. So ROK is not a splitter, but then again spinoff-givers usually aren't. Hey that's okay by me....a 909 is a 909, however it comes along.
Joana