<<Besides, from a (public market) investment standpoint, its not that important which technology is best. Just follow the design wins and bookings growth. >>
Yep, and diversify even when you are "SURE" you own the right horse.
fnews.yahoo.com
What is Conexant?
It was created in December 1998 when it was spun off from Rockwell International's (NYSE:ROK - news) semiconductor systems business. And, with $1.2 billion in revenue, it is the largest pure-play on semiconductors for communications products.
CEO Dwight Decker notes:"Quarter to date, we have seen solid overall sequential growth" in four of the company's five main lines of business.
The company makes products for personal computing, personal imaging, wireless, digital infotainment and network access.
The key to its current success: The growth of the company's non-PC modem business. According to Charlie Glavin, analyst at CS FirstBoston, the proportion of non-modem revenue will climb to 65% by 2000 from 47% in 1998.
Indeed, PC modem revenue declined in the first quarter. However, analyst Arun Veerappan of BancBoston Robertson Stevens points out that PC modem revenue fell by less than expected (at single digits versus 15%, sequentially).
Meanwhile, its non-PC modem businesses are growing faster than expected, as the company moves into such applications as cable modems and network access products, markets that "encapsulate many of the most attractive opportunities in communications."
Who's lunch they gunna eat...mine, yours or the next guys? |
