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

To: David W. Taylor who wrote (1739)10/20/2000 1:38:31 PM
From: McNabb Brothers  Read Replies (2) | Respond to of 2013
 
David,

You do not understand how to play the game do you? When they are all over a stock with buys, that is the time to lighten up or sell when they start down grading or reducing their calls is the time to start accumulating good quality companies! I'm happy with the down grades for they will have to up grade next!

Hank



To: David W. Taylor who wrote (1739)10/20/2000 1:54:38 PM
From: The Gambler  Respond to of 2013
 
>>Now two large houses (Frost Securities and SG Cowen) have dropped CNXT from Strong Buy to Buy.<<

Just an observation: SG Cowen is one well respected Wall Street firm. Now, what do you think why CNXT has not fallen more on the weight of the downgrade? Why aren't there more volumes on the way down? Just curious!

Don't you think that most people who wanted to get out of the stock are already out?


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