Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: David W. Taylor who wrote (1024)	5/9/2000 6:57:00 PM
From: gpowell	Read Replies (1) \| Respond to of 2013

This is someone looking realistically at CNXT's loss in that last quarter Losing money is one of the main reason's that stocks fall. Are you on the correct thread? CNXT made $0.21 last quarter - a gain of 320% over the corresponding qtr of last year.

To: David W. Taylor who wrote (1024)	5/9/2000 10:24:00 PM
From: MeDroogies	Respond to of 2013

Yes it is a crowing bear. CNXT lost a few pieces of business, but is structurally sound. I used ASPT as another of my examples because I figured you'd brush off my AAPL comparison (valid though it is). ASPT lost alot of revenue, much like CNXT, and the stock plummeted. I held tough because I understood the market and trusted the management, much as I do CNXT. I won, despite the crowing bears on the thread. I will win here, too. Stocks that are added to the S&P 500 don't stay down for long, because their base of ownership is wider due to the index funds. CNXT is suffering from a short-term double whammy, there is no doubt. But it isn't as fundamentally problematic as you keep pointing out. You may be right in the short run...but that's it. But you'll never make back, in the short period of time that you're right, what you lost in terms of opportunity over the last 2 years.