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Technology Stocks : Rockwell-Spins off Conexant (CNXT) -- Ignore unavailable to you. Want to Upgrade?


To: Luke who wrote (291)7/21/1999 9:22:00 PM
From: isdsms  Respond to of 2013
 
Conference Call: corporate-ir.net

Great future ahead. There will not be any pullback tomorrow!!!



To: Luke who wrote (291)7/21/1999 10:21:00 PM
From: faqsnlojiks   Read Replies (1) | Respond to of 2013
 
i know this is for a fun prediction only?

I'm sorry Sir...fun is not allowed on this thread. Take it to the Coffee Shop! <g>

-Joe



To: Luke who wrote (291)7/21/1999 11:37:00 PM
From: gpowell  Respond to of 2013
 
It will be interesting to see what happens tomorrow.

On the one hand CNXT is on pace to grow earnings by more than 718% this year but it still boasts a projected p/e of 99. That isn't cheap given the slower growth rate (if you can call >10% sequential growth slow) expected over the next few quarters.

Assuming the wireless, network access, and Digital Infotainment continue to grow more than than 10% sequentially then the share price should continue it's upward climb. I'd bet mid 70's in the next month.