SI
SI
discoversearch

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 (1583)9/17/2000 9:52:51 PM
From: McNabb Brothers  Read Replies (2) | Respond to of 2013
 
I guess Bill is cashing in all his chips and buying T-Bills? Funny funny funny, Bill and his management team have always had a very conservative view even with their own stock! I will let you know when I turn bearish!

Hank



To: David W. Taylor who wrote (1583)9/17/2000 11:59:14 PM
From: The Gambler  Read Replies (1) | Respond to of 2013
 
I am not sure if I have ever posted to this board, but I have been lurking here for some time and I'd like to make a comment.

First off, I did open up the link that you posted and I have a comment to make on the quote you brought up.

>>"The whole technology sector, it's as though people forgot that it's a risky business," the Microsoft chairman said of the faltering market." <<

I find it pretty interesting that Bill Gates would make a comment like that, because it doesn't contain anything new that we don't already know and Balmer made a comment in regards to market overvaluation back a few months ago that rattled the nerve of so many investors. So, what's Bill Gates trying to say here??
And ironically his company is responsible for the many companies that got crushed by Microsoft whether directly or indirectly although this is up to debate, some people would agree and some others wouldn't.

So, really he is not saying anything. The technology sector has always been marked as risky business, but that's the nature of technology. Some companies thrive and some that don't will go under. This is the way competition should be.

I don't think CNXT belong to the second group that will go under. I think CNXT is a solid company and I am glad that I remain invested since the spin-off from Rockwell.

Secondly, you can believe in whatever you want even if it is selectively. If you rather invest in T-Bills that's your right, too! But to put everything in the same basket is a bit too far. Now off to lurking again!