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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: T L Comiskey who wrote (1211)9/14/2000 9:50:54 AM
From: T L Comiskey  Respond to of 65232
 
Thursday September 14, 9:26 am Eastern Time

RESEARCH ALERT-Conexant raised

NEW YORK, Sept 14 (Reuters) - SG Cowen analyst Rick Billy raised his rating on modem chip maker Conexant Systems Inc.
(NasdaqNM:CNXT - news) to strong buy from buy on Thursday.

-- further details not immediately available.

-- Merrill Lynch analyst Joe Osha reiterated his ratings of near-term accumulate and long-term buy.

-- in report, said the Conexant move ``makes sense.''

-- shares closed at $37-1/16.

-- company said on Wednesday that it would spin off its Internet infrastructure business.



To: T L Comiskey who wrote (1211)9/14/2000 10:08:12 AM
From: Jim Willie CB  Respond to of 65232
 
I sold my CNXT after it shot the 39-->50 gap
it could easily creep up to 52-55
but it has bounced off 51-52 already
got 50+ for my teeny position
as Uncle Fester always told me "money is money, my little jackass"

I expect in next few days for CNXT to backfill in upper 40's

I could be wrong
that would be the 312th time this year
/ jim