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


To: David W. Taylor who wrote (1063)5/11/2000 10:59:00 PM
From: Ponderosa  Respond to of 2013
 
Well, I've bought in to the CNXT big picture story... don't know what the future holds exactly but, my take is that there is more upside than down just now... when this thing moves it really moves... remember back just a few months. Could be wrong but I'm optimistic in here. Wishing myself and other longs all that we deserve... time will tell. Cheers



To: David W. Taylor who wrote (1063)5/12/2000 9:30:00 AM
From: MeDroogies  Respond to of 2013
 
Virtually every stock is linked to "the market". That's what makes it the market...LOL.

You know what? You're right...dead right. I'm wrong and everyone on this thread is an idiot. All I can say is IF you're right and it hits 20, I'll be backing up the truck, because based on their position, this is severely undervalued at the moment.

AG's interest rate increase is not going to have much more of an effect on the market, because the 50 basis points are built in already, and while there may be more selling, people already are positioned for the increase because it is SO expected. There may be one/two more drops as nervous individuals, who shouldn't be in the market to begin with, dump. But that represents even more of an opportunity....

The funny thing is, as much as I want CNXT/the market to go up, I don't care if it comes down because I'm so well positioned to take advantage of it....