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I was a bit taken aback by the skid today. Over on Yahoo there is a report of an analyst downgrade to "neutral" from "buy", but I didn't see an explanation for the analyst's move (Miller Johnson). Here is the link:

He did the same move a year ago (March 2004), then subsequently upgraded; so this downgrade puts his rating back where it was at that time. In any event, I'm wondering if the downgrade explains the slide today.

Don't sweat the daily swings right? As long as the fundamentals remain sound. Didn't CNXS just announce management enhancements, so I should feel good about that, right?!

(On the other hand, if they need to improve their management, it makes one wonder what was underdeveloped or missfiring before that I hadn't caught.) Food for thought.

Long on CNXS,
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