Market Vectors ChinaAMC SME-ChiNext (CNXT)

[PremierStocks]

Charts a BULL

[Greencake]

lots of buying going on today...can this stock maintain its momo....

that is the question of the hour....

volume should be above 2 m in my o.... today.... only 672,600 apx now...

[evenkeel]

This is my last post, so time to ship out. Fair winds...

[uhlmant]

Strange day for it to bounce...but we'll take it.

[Greencake]

lots of volume already today my Friend....perhaps the bottom is FINALLY IN?

ttys,

JT

[Greencake]

Wed 8:00am CNXT Conexant Names New Chief Legal Officer - Business Wire


Conexant Names New Chief Legal Officer
Wednesday March 19, 8:00 am ET
Mark D. Peterson to Lead Company's Global Legal Efforts


NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Conexant Systems, Inc. (NASDAQ:CNXT - News) today announced that Mark D. Peterson has joined the company as senior vice president, chief legal officer, and secretary. In his new role, Peterson is responsible for the global legal affairs of the company, including all general corporate, securities, transactions, intellectual property, and litigation activities. He reports to Dan Artusi, Conexant president and chief executive officer.
Source: Conexant Systems, Inc.


· Mark D. Peterson Senior Vice President, General Counsel, and Secretary Conexant Systems, Inc. (Photo: Business Wire). View Multimedia Gallery




“Mark is an important addition to our senior management team,” said Artusi. “He is a seasoned legal professional with extensive experience in intellectual property and corporate litigation, and he has demonstrated exceptional leadership skills throughout the course of his career. I am confident that he will provide us with outstanding strategic counsel in his new role, and that he will prove to be an invaluable asset to Conexant.”

“I am excited about my new position and look forward to leading the company’s global legal activities and being a part of the Conexant team,” said Peterson.

Peterson, 45, joined Conexant from Targus Group International, Inc. where he was senior vice president, general counsel, and secretary. Before that, he spent nearly 10 years with Meade Instruments Corporation in a variety of executive management positions including senior vice president, general counsel, and secretary. He also served as the company’s senior vice president of International Operations, and managing director of Meade Europe. In addition, Peterson spent six years as a corporate attorney for the law firm of O’Melveny & Myers, LLP.

Peterson earned his J.D. degree from the Boalt Hall School of Law at the University of California, Berkeley. He also holds a bachelor’s of science degree in Accounting from Brigham Young University’s School of Accountancy in Provo, Utah.

About Conexant

Conexant’s comprehensive portfolio of innovative semiconductor solutions includes products for Internet connectivity, digital imaging, and media processing applications. Conexant is a fabless semiconductor company that recorded revenues of $809 million in fiscal year 2007. The company is headquartered in Newport Beach, Calif. To learn more, please visit www.conexant.com

Conexant is a registered trademark of Conexant Systems, Inc. Other brands and names contained in this release are the property of their respective owners.

MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5637226



Contact:
Conexant Systems, Inc.
Gwen Carlson, 949-483-7363

[Greencake]

Mon 4:30pm CNXT Conexant Announces Results and Proration of Its Tender Offer for $53.6 Million of Its Floating Rate Senior Secured Notes Due 2010 - Business Wire

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Conexant Systems, Inc. (NASDAQ: CNXT - News) today announced the results and proration of its cash tender offer to purchase up to $53.6 million aggregate principal amount of its floating rate senior secured notes due 2010. The offer commenced on February 12, 2008, and expired at 5:00 p.m. Eastern time on March 12, 2008.

An aggregate principal amount of $275 million of the notes was tendered in the offer. The aggregate principal amount of the notes to be purchased in the offer was not to exceed $53.6 million. As such, the company accepted for purchase approximately 19.49 percent of the notes validly tendered, and not validly withdrawn pursuant to the offer on a pro rata basis. Notes not accepted for purchase will be promptly returned to the tendering holder or, if tendered through the facilities of the Depositary Trust Company (DTC), credited to the relevant account at DTC, in accordance with their procedures. The settlement date is March 17, 2008.




Conexant’s comprehensive portfolio of innovative semiconductor solutions includes products for Internet connectivity, digital imaging, and media processing applications. Conexant is a fabless semiconductor company that recorded revenues of $809 million in fiscal year 2007.


Contact:
Editorial Contact:
Conexant Systems, Inc.
Gwen Carlson, 949-483-7363
or
Investor Relations Contact:
Conexant Systems, Inc.
Karen Roscher, CFO, 949-483-2698


Source: Conexant Systems, Inc.

@

http://biz.yahoo.com/bw/080317/20080317006456.html?.v=1

[Greencake]

imo...God only knows and time only tells....

[Crow3]

Well, we need SOMETHING... no excuse for a company of this size to fade away.

[Greencake]

http://caps.fool.com/Ticker/CNXT.aspx

buy out target perhaps....?..., imo

[Greencake]

Conexant Delivers Pre-Certified External V.92 USB Modem Platform

Monday March 3, 8:00 am ET
Production-ready Design Allows Manufacturers to Capitalize on Emerging Market


NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Conexant Systems, Inc. (NASDAQ:CNXT - News) today announced that it has leveraged its extensive experience working with leading personal computer (PC) manufacturers and expertise in analog modem technology to develop a complete design platform for V.92 dongle modems fully compatible with worldwide standards. The external dongle modem enables consumers to easily connect their notebook and desktop computers to the Internet over standard telephone lines. Conexant has already pre-certified the dongle modem to ensure compliance with country-specific PTT regulations worldwide, which allows manufacturers and retailers to deliver products to market faster.

The production-ready modem dongle platform is based on the company’s highly reliable V.92 modem and SmartDAA® semiconductor solutions, and includes a universal serial bus (USB) 2.0 interface. As a complete turnkey platform, including drivers and a user’s manual, there is no design or development required on the part of PC and peripheral manufacturers. Product developers simply use the design platform as their “blueprint,” which allows them to lower product development costs and bring the external dongle modem to production more quickly.

“There is a growing trend within the industry to only offer dial-up functionality in notebooks as an optional feature, which is creating a new market for portable analog modems,” said Bernd Lienhard, senior vice president and general manager of Conexant’s Imaging and PC Media business. “Using our design platform, manufacturers and retailers can quickly and economically develop stylish, compact dongle modems that allow them to capitalize on this emerging business opportunity.”

Analog technology continues to be a ubiquitous, low-cost Internet connectivity option, particularly for consumers in geographies with a limited broadband access infrastructure. Even in countries with well-established DSL and Wi-Fi networks, dial-up technology remains a viable solution for business travelers and other users who need a dependable Internet access alternative.

The new dongle modem has been designed to meet or surpass the high technical and quality standards required by leading PC OEMs, including rigorous safety and electromagnetic emission guidelines. It is also being certified by the Underwriters Laboratories (UL), the Federal Communications Commission, and European Economic Area (CE). To promote brand identity, the dongle modem can be easily customized with a manufacturer’s or retailer’s company colors and logo.

The universal design platform is based on Conexant’s CX93010 modem chip and CX20548 SmartDAA® 4 line-side device. The CX93010 complies with industry-standard V.92 specifications. The CX20548 is based on Conexant’s fourth-generation direct access arrangement (DAA) technology, which is already being used by top PC OEMs worldwide. Direct DAA technology enables a semiconductor chip to connect PCs and peripheral devices to the public switched telephone network (PSTN) for telecommunications services.

About Conexant

Conexant’s comprehensive portfolio of innovative semiconductor solutions includes products for Internet connectivity, digital imaging, and media processing applications. Conexant is a fabless semiconductor company that recorded revenues of $809 million in fiscal year 2007. The company is headquartered in Newport Beach, Calif. To learn more, please visit www.conexant.com.

Safe Harbor Statement

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Conexant or its management “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates” or other words or phrases of similar import. Similarly, statements in this release that describe our business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements.

These risks and uncertainties include, but are not limited to: the risk that capital needed for our business and to repay our indebtedness will not be available when needed; the risk that the value of our common stock may be adversely affected by market volatility; general economic and political conditions and conditions in the markets we address; the substantial losses we have incurred recently; the cyclical nature of the semiconductor industry and the markets addressed by our products and our customers’ products; continuing volatility in the technology sector and the semiconductor industry; demand for and market acceptance of our new and existing products; our successful development of new products; the timing of our new product introductions and our product quality; our ability to anticipate trends and develop products for which there will be market demand; the availability of manufacturing capacity; pricing pressures and other competitive factors; changes in our product mix; product obsolescence; the ability of our customers to manage inventory; our ability to develop and implement new technologies and to obtain protection for the related intellectual property; the uncertainties of litigation, including claims of infringement of third-party intellectual property rights or demands that we license third-party technology, and the demands it may place on the time and attention of our management and the expense it may place on our company; and possible disruptions in commerce related to terrorist activity or armed conflict, as well as other risks and uncertainties, including those detailed from time to time in our Securities and Exchange Commission filings.


The forward-looking statements are made only as of the date hereof. We undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

Conexant is a registered trademark of Conexant Systems, Inc. Other brands and names contained in this release are the property of their respective owners.



Contact:
Conexant Systems, Inc.
Gwen Carlson, 949-483-7363

--------------------------------------------------------------------------------
Source: Conexant Systems, Inc

[Crow3]

I believe that exec salary and perks should be tied to performance..as guaged by the SP.. if that happened, management might be better motivated to get off their rusty butts and get some better decisions decided.

Manufacturing dial up modems in the face of swiftly increasing of broad-band use is an exzmple. 56K modems are a ten-year old technology.

[Crow3]

This company is one big sumbich..no excuse for becoming a penny stock. Reverse split to reduce the number of shares could be a positive move.

We should hope that bankruptcy is not in the future. In that case, the shareholders can only lose it all. The Company could survive, but owned by the creditors.

[uhlmant]

What i find is a good strategy is small investing. I rarely put more than 1k on any 1 stock. Those that I have, i took got burned. Now I ensure that I am spread more diversely over a variety of stocks from pennyland to bigboard.

Take a look at my link below. I started posting my actual trades. This may help.

[catmaniac]

I agree with you Troy,
CNXT will go up eventually. It's just that I'm not
an investor anymore in ANY kind of stock...I've lost
to many 10's of thousands of dollars trying to make
money in this market and I've done everything that
I can think of from trusting CEO's to taking SUPER
expensive trading classes and I've even tried averaging
down, but, I've found what works the best for me is
to buy when I SEE that it's going up and SELL when
I can SEE it's goin down.
I know that is painfully simple but I only average up
that way and I've found I lose a LOT less money.
I STILL lose money mind ya, but, as you can see in
this case, it's for pennies any more....not dollars.
catman...ISYA

PS...be real careful with that "you don't lose until ya
sell" mentality, especially if you are averaging down
on these penny stocks...it's VERY dangerous and I have
a list of looser stocks as long as my arm to prove it.
GLTY

[uhlmant]

OK...good luck in your future investments.
I think CNXT is worth holding at this point. Its not a loss until you sell. I've been adding to my position.
I guess we all have a different view of what is in store for them. I think it is going to be positive from these levels.
TROY

[catmaniac]

I got out today with a 2cent loss.eom

[uhlmant]

I think a really bad day or news would push this to about .55-.58 cents. This is going to be the bottom we've tested already. Clearly they are not going to go bankrupt. Their IP is worth a fortune. If they can show 1 more q of stengthening financials, someone will buy them out. I am putting a 75% chance of buy out by EOY. Just my 2 cents.

[catmaniac]

ya think ? I've been surprised at how well it's held
up to all the bad news at this level...the S-8 was issued
@ .65 so we have plenty of support...still, my stops are
pretty tight here.

[Poundthetable]

you must have patience my friend,Conexant needs to reorganize and they are not going out of business.so just hang in there my friend.

[catmaniac]

buy and hold...I've been doin dat...
when do you think I'll be able to take the box knife away
from my wrist ? I felt like I was being boiled in oil
for the last two days and now THIS S-8 comes out after
hours.
My pecans ache.
R/S, S-8, what's next ?
catman...ISYA

PS...sure looks like the double bottom is going to get
tested with 12% delusion, somebody pour me a warm bath.

[Poundthetable]

CNXT is a good buy and hold stock imo.

[uhlmant]

i wish i could. It wasn't listed under cnxt. It was something like "companies likely to be bought out in 08"
I guess the author does this yearly with a technical scan and cnxt looked valuable from an LBO point of view
i'll search again

[Sidney]

Really, Motley Fool has them on a list? Can you find and post a link to it, or copy and paste it here. Thanks.

Sid

[uhlmant]

yeah
me too
i'd love to see a 7 dollar close
BTW, motley fool a month or so ago, put cnxt in the list of companies likely to be bought out. I am loading the boat with as much sub buck as I can

[conix]

I am holding. Bought a slew of CNXT at .65

[Sidney]

I'd love to see a .7 close.

[uhlmant]

this is a long term hold...2-5 dollars within a year is my target

[conix]

Come on, CNXT!

[Sidney]

going up!

[Sidney]

Maybe a little bounce action here?

[uhlmant]

http://investorshub.advfn.com/boards/read_msg.asp?message_id=25965317

all technicals still STRONG. Slow STO turned up.

[TenPenny]

HUGE buys at the close today.. looks good for tomorrow!

[uhlmant]

thanx...great news

[Sola Fide]

Dow Jones NEWs to follow....

News for 'CNXT' - (*DJ Conexant Started At Outperform By Oppenheimer >CNXT)

(MORE TO FOLLOW) Dow Jones Newswires

January 14, 2008 10:39 ET (15:39 GMT)

Copyright (c) 2008 Dow Jones & Company, Inc.- - 10 39 AM EST 01-14-08


Source: DJ Broad Tape

[uhlmant]

read my DD....it took me 6 weeks to get ahold of someone. THERE is really NO info out there. They stated 30 to 40 cent buyout of existing 41M shareholders. My independent calc came to 40 cents. Either way they have deadlines to follow since they've already emerged from bankrupcy. The stock is merely a technicality and is not linked to the company anymore. Its a bizzare situation.
TRoy

[Sola Fide]

We may see .90c today....
I noticed your pick of Bally....I traded them a couple years ago before they went into bankruptcy. I'm a watcher of them at this point...

[uhlmant]

check out my board
I'm on fire
Called .57 on cnxt last week (day before run)!

[Sola Fide]

I concur....

[uhlmant]

all indicators still looking very positive. Showing no signs of letting up. I'm holding out for at least a buck.

[Sola Fide]

To get an idea of what and where this ones' going....

http://investorshub.advfn.com/boards/read_msg.asp?message_id=25648353

[Sola Fide]

And heeere we gooooooooo....next stop .90 - $1.

[bigblue72]

This stock should be on everyone's radar for next week, I know its on mine...........

[uhlmant]

Charts will get more people in. I think RSI turned positive today. So many people will see that as a buying signal.

[uhlmant]

ABSOLUTLY NOT
I think a buck is easy here in short term
If you think 65% return is ok.

[mike_d]

i think today as long as it stays strong will get peoples attention for tomorow. i couldnt get in at 57 thoug, but 61. not to bad

[uhlmant]

oh yeah
I've been buying all down here. I have a board where just yesterday I posted .57 is a BUY!!!!!!!

[mike_d]

made some nice green so far today...

[mike_d]

made some nice green so far today...

[mike_d]

lok at it now, its ready for the riskier players and almost for poeple who use the rsi as confirmation