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

To: BoneYardDog who wrote (665)	2/17/2000 9:57:00 AM
From: MeDroogies	Read Replies (1) \| Respond to of 2013

I'm not thinking of selling....I'm informing him of when a good time to sell might be. That was his question. This is not a heavily traded stock, it is closely held in several funds, particularly index funds, and a split may overcome some of the "demand overhang" in the short term. Technically, that would be a good time to sell. I don't advocate it....just offering advice.

To: BoneYardDog who wrote (665)	2/22/2000 9:00:00 AM
From: Robert Scott	Read Replies (5) \| Respond to of 2013

I do not understand investors enthusiasm for this stock relative to other chip stocks. Consider the following: CNXT price = 112 LSI = 51 ADI = 136 CNXT calendar year 2000 EPS = $.95 = 118X. LSI calendar year 2000 EPS = $.95 = 45X. ADI calendar year 2000 EPS = $.95 = 63X. CNXT EPS growth rate year 2001 = 27%. LSI EPS growth rate year 2001 = 38%. ADI EPS growth rate year 2001 = 32%. From company earnings releases or analyst reports - calendar Q499 to Q100: CNXT revs to decline, gross margins to remain the same = profit the same or lower. LSI revs to increase, gross margins to increase = profits to increase. ADI revs to increase, gross margins to increase = profits to increase. Something has got to give - perhaps that was reflected in the relative declines of Friday. So why is CNXT such a great investment at these levels?