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

To: MeDroogies who wrote (1868)	1/17/2001 11:02:40 AM
From: David W. Taylor	Read Replies (1) \| Respond to of 2013

CNXT is now above $20 for no good reason. We are obviously being treated to a bear market rally, because it is time for one. Everyone is saying that that bottom is in, which is, of course, horse puckey. If INTC can just squeak by with its earnings and then announce a 15% reduction in the current quarter and still rally, then the time for logic is not now. The fundamentals are still the same. The spinco idea is still stupid. For now the momentum players are enjoying the way this stock moves, so play with the mo but be aware that on the first hint of real pain, we are headed down again.