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


To: The Ox who wrote (1984)8/14/2003 10:12:36 PM
From: David W. Taylor  Respond to of 2013
 
Michael,

You and I seem to be fundamentally different. You seem to like to hang on to a loser from $40 to low single digits and somehow rationalize the loss. I figured out that the stock was a loser and told people to bail.

I admit that I had not been following so closely that I was aware of the spinoff. The only thing that matters is that any investor's money would have been better off in cash except for this brief echo of the original mania that we have been having since last March.

Now that this stock has run from 50 cents to $4.50 it is a sell at this point. I daresay that you will be hanging in there convinced that $40 is only just over the horizon.

Keep chuckling mh!