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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (34809)10/19/2001 12:43:31 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 68013
 
6:02AM Conexant (CNXT) 9.75 +0.74: Reports Q4 (Sep) loss of $0.54 per share, $0.02 better than the Multex consensus of ($0.56); reported Q4 revenue of $201 mln vs the Multex consensus of $189.2 mln. For FY01 reported pro forma net loss of $2.46 per share vs the Multex consensus for a net loss of $1.63 per share; revenue fell 47% year/year to $1.1 bln vs the Multex consensus of $1.05 bln. For Q1 projects 15% improvement in pro forma loss (or $0.45 per share) vs the consensus net loss of $0.44.

[Harry: If there was strength in wireless KOPN could have even better than expect numbers even after the pre-announce of better than expected results from their cyber display product. CNXT represented 50 percent of rev in the past due to buys of GaAs HBT wafers for wireless. KOPN pulled back to the 50 and 100 EMA.]