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


To: David W. Taylor who wrote (1768)11/30/2000 1:41:57 PM
From: FACTUAL  Read Replies (1) | Respond to of 2013
 
I think you want to buy it at $16 or less as a margin of safety issue. The fair value of $20 needs a band of safety. Also if the market decided to adopt the free cash flow valuation of Graham and Dodd, I would further revise it down by another 50% or so. If that happened a lot more than just CNXT would be in trouble!