Nice move today on big volume, looks like it wants to go higher. Their were 107 block trades for 2,224,800 shares, most likely other houses accumulating before they issue upgrades also.
Here's the top 5 institutional holders as of the first of the year,
Conexant Systems Inc.
NASD : CNXT
Sector: Technology
Industry: Semiconductors
Rank Institutional Name Report Date Position
1 FMR CORPORATION (FIDELITY MANAGEMENT & RESEARCH CORP) 12/31/98 1,255,000
2 PUTNAM INVESTMENT MANAGEMENT, INC. 12/31/98 760,349
3 PALANTIR CAPITAL INC. 12/31/98 500,000
4 AMERICAN EXPRESS FINANCIAL CORP 12/31/98 400,000
5 HARTFORD INVESTMENT FINANCIAL SERVICES CO., INC. 12/31/98 289,000
Glossary of financial terms.
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