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


To: Bob D who wrote (309)7/22/1999 9:56:00 AM
From: gpowell  Read Replies (1) | Respond to of 2013
 
It shouldn't have been. Analysts were sandbagging. Projections for fiscal 99 earnings should now be between $0.58 and $0.60 based on the top line growth estimates and margins, and outstanding shares staying the same. I personally think the margins will improve slightly.

I'll bet you analysts estimates will average around $0.54 so that we can have another "surprise" in 3 months. In any case CNXT is a "no brainer".