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

To: David W. Taylor who wrote (1081)	5/15/2000 10:26:00 AM
From: MeDroogies	Read Replies (1) \| Respond to of 2013

1.If I am long stocks like CNXT, you still know nothing of my situation. You don't know what profits I've taken, where my other stocks are, how long my "long" period is (I happen to be LTB&H...time frames of 2-10 years). As I stated before, I would love to have the market rising so I can shorten my time frame. But I am prepared to take advantage of the current situation, as well. I love the dips, but of all my holdings, only 2/3 are in a bad way. 2. John Murphy isn't a god. I used to work at CNBC. He's a smart guy, but he's wrong quite frequently. I expect oil to go up due to the seasonal issue. It typically rises in the summer. But other prices are beginning to fall, already. I focus on the core rate, anyway. Volatility tells very little when it comes to price direction. And oil is volatile. Finally, banks tend to react, not predict. Sometimes inflation continues AFTER rate hikes...but that's not because banks predicted it. It's just a lag effect. I wouldn't be surprised if we have 2/3 more months of moderate inflation (.3/.4 per month). But by August, I would suspect we'll be back to 0 or .1. Consumers have already begun to react to something that hasn't even happened yet...rate increases. That's why I love AG. He can make things happen with a wave of his magic wand....

To: David W. Taylor who wrote (1081)	5/15/2000 10:57:00 PM
From: Techplayer	Respond to of 2013

David, Rising inflationary numbers provides all the more reason to invest in companies like CNXT over inflated internets. Given that CNXT has beaten estimates several quarters in a row, it is presently trading at what will likely turn out to be a PEG of close to 1. That seems fairly valued, even in a more appropriately priced market. tp

To: David W. Taylor who wrote (1081)	5/16/2000 1:04:00 PM
From: MeDroogies	Read Replies (1) \| Respond to of 2013

With the CPI flat, and the core rate (excluding the volatile energy and food sectors) only up .2%, AG will probably still raise rates by 1/2 a point, but has begun to see the results of his fine handiwork. Indeed, ENERGY PRICES FELL last month (contrary to previous statements by some people), and while they rose yesterday, consensus indicates that the increases, though sharp, are due to the summer seasonality kicking in. Worth noting that the Core Inflation index leaves out Food as well as Energy. I wonder why (LOL)?