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Technology Stocks : CNXT the moderated thread -- Ignore unavailable to you. Want to Upgrade?

To: Bernard Levy who wrote (17)	9/13/2000 5:01:59 PM
From: The Ox	Read Replies (1) \| Respond to of 150

COMS was going no where fast until they decided to spin off the PALM division. This decision has had a very positive affect on COMS shareholders and the frenzy before the IPO caused an unbelievable run on the stock. If CNXT can see 1/10th the action that happened to 3com, it will have a very positive effect on shareholder's portfolios. Looks like they finally hit one out of the park, or as they say these days, CNXT went YARD!

To: Bernard Levy who wrote (17)	9/13/2000 8:54:24 PM
From: cfoe	Read Replies (1) \| Respond to of 150

Disclosure: My first post on a CNXT thread. Have relatively small holding in CNXT after having sold half my position late last week. Am glad I held onto half my shares for this run - however long (or short) it may last. Couple of items I think are worth noting. Spliting off the network infrastucture business obviously meant to capture higher valuations given companies in the optics and related areas. Re: since CNXT's CDMA business has been losing steam Since last quarterly cc I have thought that the drop off in Korea CDMA did not tell the whole story. Instead it was a convenient cover for a more long-term problem; which is that QCOM (disclosure: by far my largest holding) in their deal with RFMD and in putting more and more capability on their ASIC will be (already is) cutting into CNXT's CDMA business. Since I am not technically savvy, I may be all wet here, but this is what I surmised. I also came across the following two items on briefing.com. (Note the link probably won't work if you are not a member) 15:58 ET Conexant (CNXT) 36 5/8 +2 7/8 (+8.5%): -- Update --Final attempt to explain CNXT move is that company will receive contract from Qualcomm (QCOM). 15:12 ET Conexant (CNXT) 36 1/8 +2 3/8 (+7%): Stock has been running hard over past 10 minutes. Talk on trading floors is that issue has been ignited by rumor of a buyout. CNXT is a designer of semiconductor products for communications electronics. Intraday high 36 7/8. The QCOM threads have talked for a while about QCOM needing to acquire GSM capability. One place would be to buy those areas of CNXT. I for one cannot take this statement by Decker seriously: "...accelerating diversification from CDMA to GSM and TDMA digital cellular handsets..". CDMA is the future for wireless, GSM and TDMA are the past. why would you want to "diversify" into markets whose growth is and will continue to slow down? Would welcome comments, insights, etc. cfoe@holdingmyremainingCNXTshareslightly.com