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

To: Alfred W. Post who wrote (1622)	9/27/2000 9:58:47 AM
From: The Ox	Read Replies (1) \| Respond to of 2013

Welcome Alfred, I would make the point that the market has been ignoring most of the news releases put out by CNXT with the exception of the company split-up news. Until the company releases it's earnings, I believe there is very little 'product' news that will move this stock. The wireless chip suppliers' stock have all fallen due to the negative news in the industry and the current market perception appears to be that there are tough times ahead for these stocks (CNXT, RFMD, AHAA, etc..). We will see during the up coming earnings season just how accurate this perception is. If these companies come out with disappointing earnings or forward guidance, then the downward pressure on these stocks will be justified. If the earnings are solid and forward guidance impressive, we will see a very nice rally in this sector. Just my opinion, FWIW. Michael

To: Alfred W. Post who wrote (1622)	9/27/2000 11:32:06 PM
From: David W. Taylor	Respond to of 2013

>> However the stock went down on the news indicating what? Fred >> Indicating that you didn't do enough research and that the stock is basically on the way down again from a small pop upwards, Fred. I hope $43,000 (now $41,000) is only a small percentage of your portfolio. The SOX (semi-conductor index) is trending downwards as companies like Intel and Lucent disappoint. Conexant does not appear to me to have a better outlook than any other chip seller. The 10mbs plus home networking market is a Holy Grail but I doubt that you will see any return for CNXT in that market for at least 24 months, so I hope that you are a long term player. Just my opinion, and as you will no doubt hear, not a popular one on this board. David