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Conexant was the one I was thinking of.

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Investorman Member Level  Saturday, 08/10/13 06:05:52 PM
Re: bar1080 post# 566
Post # of 643 
Conexant was the one I was thinking of. Good thing I dumped it when I did. I wish I would have sold it when it was above $100 but I still make a good profit. When it started dropping it went down like a rock over just a few months.

The best spinoff was Boeing which wasn't really a spinoff. Rockwell sold the aircraft and rocket portion of their business to Boeing and we received BA shares as a result. The Rockwell Collins was a true spinoff (or division of the company) and those shares have done pretty well and pay a dividend.



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