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


To: Scott Moore who wrote (251)6/30/1999 9:42:00 AM
From: David Rubin  Read Replies (1) | Respond to of 2013
 
CNXT run to the 60s did not have enough conviction. It is healthy for the stock to consolidate here in the mid-50s.

There will definitely be a run-up prior to the next earnings release, and should CNXT beat the estimates (and I think they will) we should see the 70's in no time.

Be patient with this one ... it could be a huge gainer!