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

To: Robert Scott who wrote (676)	2/22/2000 1:46:00 PM
From: Lucky888	Read Replies (1) \| Respond to of 2013

CNXT -- This is so called "industry leader" effect. L.

To: Robert Scott who wrote (676)	2/22/2000 5:07:00 PM
From: Bob Crist	Read Replies (1) \| Respond to of 2013

"I do not understand investors enthusiasm for this stock" I believe that momentum investors pick stocks such as this that are going up. Fundamentals are a secondary concern.

To: Robert Scott who wrote (676)	2/22/2000 6:18:00 PM
From: Ibexx	Read Replies (1) \| Respond to of 2013

CNXT is a "pure" play, whereas LSI is not. That is the main difference in how the Street perceives it - not without reason I would say. Ibexx (long CNXT)

To: Robert Scott who wrote (676)	2/23/2000 1:46:00 PM
From: Beltropolis Boy	Respond to of 2013

>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? robert. first off, i'm not going to try and convince you that CNXT is a "great investment at these levels" (much less anything in this market) and its recent run is the main reason i'm still on the sidelines. however, i will say that what your growth rates don't fully show is the tremendous explosion in CNXT's Digital Infotainment, Network Access and Wireless Comm divisions, particularly the latter two which grew revs at 184% and 128% YoY, respectively, in the last quarter. on a sequential basis, CNXT as a whole grew revenues 13%. in fact, roughly one-half of the total revenues are now derived from segments that are growing in the 150% range YoY. secondly, while i don't keep regular tabs on Analog Devices and LSI Logic, frankly, i think you're mixing fruit salad. ADI may be a good apples-to-apples comparison for the analog modem, ADSL and remote access product lines, but not for ATM, SONET, T1 or CDMA power amps. similarly, while LSI is certainly a competitor in the set-top box market, i've never pegged them as a leading cable guy. personally, i can't think of another (decent) comm "pure-play" with both the breadth and depth of CNXT's product line. the slower growing PC-modem division is becoming a less important part of CNXT while the fast-growing segments are becoming the dominant factor in future growth of revenues. TI and LU may be 'better' comparisons, but personally, i wouldn't touch the latter with a ten-foot Pole. or an 11-foot Armenian! (stole that one from a friend.) lastly, check out the number of characters in the tickers: ADI and LSI are old school. NAZ is where it's at, bobby. <vbg> hope this helps and do let us know what you decide. -chris.