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Technology Stocks : Rockwell-Spins off Conexant (CNXT)
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To: David Rubin who wrote (125)5/7/1999 7:18:00 PM
From: Jim Willie CB  Read Replies (2) of 2013
 
dabbled in and out
loyal QCOM investor here... believe CNXT fits nicely with wireless explosive upcoming future... also hoped for gap to be filled... given the volatility in techs, and their temporary disfavor, and CNXT's poor Relative Strength Index after the huge gap, I expected this... in at 34+ and out at 35+... no biggee... gonna get back in while it builds this base... long time until next earnings release

I expect a nice base to be built in the 34 to 35-1/2 range... gonna need it to get over that overhead resistance... heard about RFMicroDev in some reading... but after hearing that CNXT has 95% market share in wireless amplifiers, and George Gilder loves it, had to begin to nibble and investigate... company needs a design win over the highflying Broadcom in order to win some keen respect... reading about a few products with certain advantages

got questions though to readers:::
How much restructuring is likely needed in order to make CNXT a trim powerhouse capable of sustained relentless growth in the telecom field?

What unprofitable businesses is it involved in? or sluggish businesses? what stands in the way?

I see a 10-bagger by 2003... only beginning to get discovered
thanks
/ jim willie
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