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stocktrademan Free

12/03/15 4:31 PM

Post #124

ospreyeye

07/10/15 5:48 PM

Post #123

Re: #121: @conix - Looks like CNXT has disappeared

$CNXT Chart – Huge 2 day move on monster volume – $CNXT closed above EMA’s 4 & 8 – they are the Key levels to turn into support – the middle Bollinger Band @ 50.41 is the next Key resistance level to break – when $CNXT turns the middle BB into support a new up trend can begin –

stocktrademan Free

06/02/15 2:58 PM

Post #122

conix

01/16/12 11:45 AM

Post #121

Re: #120: @ScovilleUnits - CNXT: Q2 EPS (23c)..vs..15c EPS -253% Y/Y

Looks like CNXT has disappeared

ScovilleUnits Free

04/18/11 12:16 PM

Post #120

Re: #113: @ScovilleUnits - Q1 Adj EPS (2c)..vs..17c Beats (3c) Est

CNXT: Q2 EPS (23c)..vs..15c EPS -253% Y/Y

Monday , April 18, 2011 08:40ET

QUARTER RESULTS
Conexant Systems, Inc. (CNXT) reported Q2 results ended March 2011. Q2 Revenues were $43.10M; -30.37% vs yr-ago. Q2 EPS was (23c); -253.33% vs yr-ago.

Q2 RESULTS Reported Year-Ago Y/Y Chg Estimate SURPRISE
---------- ------------ ------------ ---------- ------------ ----------
Revenues: $43.10M $61.90M -30.37% N/A N/A
---------- ------------ ------------ ---------- ------------ ----------
EPS: (23c) 15c -253.33% N/A N/A
---------- ------------ ------------ ---------- ------------ ----------

ORIGINAL EARNINGS RELEASE: http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7546950
Consensus estimate data provided by Reuters.
Visit Knobias.com for more indepth earnings information.

enumia

02/22/11 1:19 PM

Post #119

lets climb some mo

conix

02/22/11 11:48 AM

Post #118

Re: #117: @eastunder - Well - find us another one...only mention it

Nice "stair step"pattern on CNXT

eastunder

02/09/11 2:52 PM

Post #117

Re: #116: @ScovilleUnits - No, darn it!

Well - find us another one...only mention it this time. :)

Good story to keep an eye on though. I'm gonna watch it. SMSC needs to top 2.45 - correct? And who's to say the private equity firm won't raise their bid again. It's tug of war.

Conexant shares jump; SMSC could raise bid
12:59 pm ET 02/08/2011- MarketWatch Pulse News Bullet
SAN FRANCISCO (MarketWatch) -- Conexant Systems Inc. shares jumped 17% to $2.46 on Tuesday after the maker of chips for consumer products like digital picture frames said late Monday it had received a takeover offer from a private-equity firm of $2.35 to $2.45 a share. The offer topped an earlier deal from Standard Microsystems Corp. . Conexant also reported quarterly results but did not give an outlook or hold a conference call. Jefferies analyst Blayne Curtis raised the firm's price target to $2.45 and kept its hold rating, while noting "there is a high likelihood that SMSC raises its offer given the strategic fit." SMSC shares rose 3.1%.

ScovilleUnits Free

02/09/11 2:08 PM

Post #116

Re: #115: @eastunder - Makes for some fun, eh? We seem to

No, darn it!

eastunder

02/09/11 1:18 PM

Post #115

Re: #112: @ScovilleUnits - Hey you Stock Sleuth, You!

Makes for some fun, eh? We seem to know something about those little reindeer games.

You in it? I don't have it but I always find that story intriguing.

ScovilleUnits Free

02/09/11 12:58 PM

Post #114

CNXT: Filed New Form 10-Q, Quarterly Report

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7387852

ScovilleUnits Free

02/09/11 12:57 PM

Post #113

Q1 Adj EPS (2c)..vs..17c Beats (3c) Est

Monday , February 07, 2011 16:32ET

QUARTER RESULTS
Conexant Systems, Inc. (CNXT) reported Q1 results ended December 2010. Q1 Revenues were $46.10M; -25.42% vs yr-ago; MATCHING revenue consensus. Q1 EPS was (12c). Adjusted Q1 EPS was (2c); -111.76% vs yr-ago; BEATING earnings consensus by +33.33%.

Q1 RESULTS Reported Year-Ago Y/Y Chg Estimate SURPRISE
---------- ------------ ------------ ---------- ------------ ----------
Revenues: $46.10M $61.81M -25.42% $46.10M 0.00%
---------- ------------ ------------ ---------- ------------ ----------
EPS: (12c) N/A N/A N/A N/A
Adj EPS: (2c) 17c -111.76% (3c) +33.33%
---------- ------------ ------------ ---------- ------------ ----------

ORIGINAL EARNINGS RELEASE: http://www.knobias.com/story.htm?eid=3.1.1ba5e6ee37e4fbc60487b68a8552b5ebe6bba7793f85bd2632d3ce5402924179
Consensus estimate data provided by Reuters.
Visit Knobias.com for more indepth earnings information.

ScovilleUnits Free

02/09/11 12:52 PM

Post #112

Re: #108: @eastunder - I should have known you would be here. :)

Hey you Stock Sleuth, You!

Good eye, I missed that yesterday.

eastunder

02/07/11 9:38 PM

Post #111

Re: #107: @ScovilleUnits - SMSC Announces Agreement to Acquire Conexant Systems, Inc.

That offer is most certainly going up.

eastunder

02/07/11 9:34 PM

Post #110

Re: #109: @eastunder - February 7, 2011, 4:44 PM ET.Conexant Explores Rival

SMSC Issues Statement in Response to Announcement by Conexant of Receipt of Unsolicited Proposal from Golden Gate Private Equity, Inc.
HAUPPAUGE, N.Y., Feb 07, 2011 (BUSINESS WIRE) -- SMSC (NASDAQ: SMSC) today issued the following statement:

"We continue to believe that the combination of Conexant and SMSC provides for a highly complementary merger of talent and technology that is in the interests of Conexant stockholders, customers and employees," said Christine King, President & Chief Executive Officer. "We believe that SMSC and Conexant together have the opportunity to take advantage of economies of scale and drive profitable growth, and that our proposal would provide Conexant stockholders with the opportunity to participate in the future success of the combined company."

At this time, the merger agreement between SMSC and Conexant remains in effect. Under the terms of the merger agreement, SMSC will have an opportunity to propose changes to the agreement in the event that Conexant determines that another proposal is superior to the SMSC transaction.

About SMSC

SMSC is a leading developer of Smart Mixed-Signal Connectivity(TM) solutions. SMSC employs a unique systems level approach that incorporates a broad set of technologies and intellectual property to deliver differentiating products to its customers. The company is focused on delivering connectivity solutions that enable the proliferation of data in personal computers, automobiles, portable consumer devices and other applications. SMSC's feature-rich products drive a number of industry standards and include USB, MOST(R) automotive networking, embedded system control and analog solutions, including thermal management and RightTouch(TM) capacitive sensing. SMSC is headquartered in New York and has offices and research facilities in North America, Asia, Europe and India. Additional information is available at www.smsc.com.

eastunder

02/07/11 9:33 PM

Post #109

Re: #107: @ScovilleUnits - SMSC Announces Agreement to Acquire Conexant Systems, Inc.

February 7, 2011, 4:44 PM ET.Conexant Explores Rival Bid To SMSC (Update)

By Tiernan Ray

http://blogs.barrons.com/techtraderdaily/2011/02/07/conexant-talking-to-golden-gate-on-rival-bid-to-smsc/?mod=yahoobarrons

Chip maker Conexant Systems (CNXT), which agreed last month to be bought out by SMSC (SMSC) this afternoon said it received an unsolicited proposal from private equity firm Golden Gate Private Equity for a price in a range of $2.35 to $2.45 per share, above the $2.25 per share agreeed to with SMSC.

The Golden Gate offer is all in cash, Conexant said, which is in contrast to SMSC’s offer for roughly half in cash and the rest in SMSC stock.

Conexant has entered into discussions with Golden Gate, it said, after its board determined that the unsolicited offer “would reasonably be expected to result in or lead to a “Superior Proposal” as such term is defined in the SMSC Agreement.”

Separately, Conexant issued fiscal Q1 results roughly in line with the single analyst estimate tracked by Thomson Reuters. The company reported revenue of $46.1 million, down 25%, year over year, and a net loss per share of 2 cents.

Conexant shares ended the day up 2 cents at $2.10.

Update: SMSC issued its own press release, stating its proposed merger with CNXT is “highly complementary,” and saying it will have a chance to propose changes if Conexant decides another proposal is superior to its bid.

eastunder

02/07/11 9:31 PM

Post #108

Re: #107: @ScovilleUnits - SMSC Announces Agreement to Acquire Conexant Systems, Inc.

I should have known you would be here. :)

ScovilleUnits Free

01/19/11 8:25 AM

Post #107

SMSC Announces Agreement to Acquire Conexant Systems, Inc.

8-K ... http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7332298

Item 1.01 Entry into a Material Definitive Agreement.

On January 9, 2011, Conexant Systems, Inc., a Delaware corporation (the “Company”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Standard Microsystems Corporation, a Delaware corporation (“Parent”), and Comet Acquisition Corp., a Delaware corporation and wholly owned subsidiary of Parent (“Merger Sub”). Pursuant to the Merger Agreement and subject to the conditions set forth therein, Merger Sub will merge with and into the Company (the “Merger”), with the Company surviving as a wholly owned subsidiary of Parent. The Board of Directors of the Company has approved the Merger Agreement and the transactions contemplated thereby, including the Merger, and has recommended that the stockholders of the Company vote in favor of adoption of the Merger Agreement.

Merger Agreement

Subject to the terms and conditions of the Merger Agreement, each outstanding share of the Company’s common stock at the effective time of the Merger (the “Effective Time”) will be converted into the right to receive (i) $1.125 (the “Cash Consideration”) in cash, without interest and subject to any applicable withholding tax and (ii) a fraction (the “Exchange Ratio”) of a share of Parent common stock (together with the Cash Consideration, the “Merger Consideration”). If the volume-weighted average price of a share of Parent common stock as reported by Bloomberg during the 20-day period ending on the second full trading day prior to the closing date of the Merger (the “Average Parent Stock Price”) is greater than $26.381 but less than $32.244, then the Exchange Ratio will be the Cash Consideration divided by the Average Parent Stock Price. If the Average Parent Stock Price is equal to or less than $26.381, then the Exchange Ratio will be fixed at 0.04264. On the other hand, if the Average Parent Stock Price is equal to or greater than $32.244, then the Exchange Ratio will be fixed at 0.03489. No fractional shares of Parent’s common stock will be issued in the Merger, and the Company’s stockholders will receive cash in lieu of fractional shares, if any, of Parent’s common stock ............>>>>>>

Form 425, Business Combination Prospectus .... http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=7336912

wcg

12/06/10 2:14 PM

Post #106

CNXT ... Should set prices higher and higher, and hold it to $3.00+!

bb72mo

10/28/10 8:13 AM

Post #105

Looks its ready to go over $2 again....Just my opinion.

Lowjack

10/11/10 1:01 AM

Post #104

Set top boxes are a thing of the past!

Lowjack

10/11/10 1:01 AM

Post #103

What happend after the reverse split?

Lowjack

10/11/10 1:00 AM

Post #102

There not bankrupt yet?

Lowjack

10/11/10 12:59 AM

Post #101

What's Cnxt up too?

Logik

09/02/10 11:02 PM

Post #100

Pincher Charts.... Time to make some $$$$

http://stockcharts.com/h-sc/ui?s=CNXT&p=D&b=5&g=0&id=p01140803633

adamski

03/03/10 8:26 AM

Post #99

Conexant Announces Comprehensive Refinancing Plan

Conexant Systems, Inc. (NASDAQ: CNXT) today announced a comprehensive refinancing plan designed to improve its balance sheet and address its liquidity needs. The company expects that this refinancing plan will provide sufficient financial flexibility to tender for its outstanding 4% convertible subordinated notes due 2026 and to realize the benefits associated with its business and growth opportunities.

Conexant has priced $175 million of new 11.25% senior secured notes due 2015, and is launching an offering of approximately 14 million shares of its common stock. The senior secured notes have already been placed with institutional investors, and the company expects to complete the equity offering in the next several days. The proceeds from these offerings, together with available cash, will be used by the company to tender for any and all of its outstanding $232 million convertible subordinated notes, which are “puttable” in March 2011. Under the terms of a tender offer commenced today, holders of convertible subordinated notes will be offered par value in cash. The tender offer will be contingent upon the successful completion of the new debt and equity offerings and is expected to be completed by March 30, 2010.

“Last year we concluded the major operational restructuring of Conexant with the sale of our DSL business,” said Scott Mercer, Conexant chairman and chief executive officer. “Since then, completing the financial restructuring of our company has been one of our highest priorities. Once we successfully close our new debt and equity offerings and retire our convertible debt, we will have a stronger, more sustainable capital structure. At that point our company transformation will be complete, and we will be focused exclusively on driving profitable growth by expanding our market-leading position in solutions for imaging, audio, embedded modem, and video surveillance applications. In addition, we intend to use our core expertise in analog and mixed-signal design to take advantage of new opportunities in adjacent markets.” Newport Beach Property Transaction On January 19, 2010, Conexant announced that it had agreed to sell approximately 25 acres of property adjacent to its Newport Beach, California headquarters to City Ventures LLC for $26.1 million, contingent upon further due diligence by City Ventures and customary closing conditions. The companies have agreed to extend the diligence period, and City Ventures has asked for concessions that include a price reduction and a financing contingency, so it is now unlikely that the transaction will close prior to the end of March 2010 as originally anticipated.

Additional Refinancing Plan Information There can be no assurance that one or more of the transactions that are part of the refinancing plan described in this press release will be executed in the amounts and in the timeframe required to address the company’s needs, if at all. The securities offerings pursuant to the refinancing plan are subject to market and other conditions, including customary closing conditions. The company’s tender offer may not be consummated or, even if the tender offer is consummated, a significant amount of the convertible subordinated notes may not be tendered and will remain outstanding.

This press release is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell the securities of Conexant described herein. The notes to be offered as part of the refinancing plan have not been and will not be registered under the Securities Act of 1933, as amended, and, as such, may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

The equity offering described herein may be made only by means of the preliminary prospectus supplement and the prospectus relating to the proposed equity offering, copies of which may be obtained, when available, from Goldman Sachs & Co., Attention: Prospectus Department, 85 Broad Street, New York, New York 10004, by telephone at (866) 471-2526, or via email at prospectus-ny@ny.email.gs.com.

In addition, the tender offer described herein will be made only pursuant to an Offer to Purchase, Letter of Transmittal, and related materials that Conexant intends to distribute to its security holders and file with the Securities and Exchange Commission (SEC). Security holders and investors should read carefully the Offer to Purchase, Letter of Transmittal and related materials. Security holders and investors will be able to obtain a free copy of the Tender Offer Statement on Schedule TO, the Offer to Purchase, the Letter of Transmittal, and other documents Conexant intends to file with the SEC at the SEC’s website at www.sec.gov, from the Information Agent named in the tender offer documents, or from Conexant.

About Conexant Conexant’s comprehensive portfolio of innovative semiconductor solutions includes products for imaging, audio, embedded modem, and video surveillance applications. Conexant is a fabless semiconductor company headquartered in Newport Beach, California.

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. Forward-looking statements in this press release include statements concerning the proposed debt and equity offerings and the proposed tender offer, the anticipated timing of such transactions, the anticipated use of proceeds from the debt and equity offerings, expectations regarding our capital structure following completion of the proposed refinancing plan, our business strategies and objectives following completion of the proposed refinancing plan, and our expectations regarding the closing of the sale of our real property in Newport Beach, California. 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 our significant level of indebtedness, including the debt incurred in the debt offering, will adversely affect our financial health and prevent us from fulfilling our indebtedness obligations; the possible adverse impact on the market price of our shares of common stock due to the dilutive effect of the shares of common stock to be sold in the equity offering; capital needed for our business and to repay our indebtedness will not be available when needed; risks associated with our international operations; the cyclical nature of the semiconductor industry, which is subject to significant downturns that may negatively impact our business, financial condition, cash flow, and results of operations; the cyclical nature of the markets addressed by our products and our customers' products; volatility in the technology sector and the semiconductor industry; the financial risks of default by tenants and subtenants in the space we own or lease; intellectual property; our successful development of new products; the timing of our new product introductions and our product quality; demand for and market acceptance of our new and existing products; our ability to anticipate trends and develop products for which there will be market demand; product obsolescence; changes in our product mix; pricing pressures and other competitive factors; our ability to timely develop and implement new technologies and to obtain protection for the related ability of our customers to manage inventory; our ability to identify and execute acquisitions, divestitures, mergers, or restructurings, as deemed appropriate by management, including expectations regarding the sale of our real property in Newport Beach, California; the availability of manufacturing capacity; 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; general economic and political conditions and conditions in the markets we address; 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.

Conexant is a registered trademark of Conexant Systems, Inc.

TOUCAN

01/25/10 8:56 PM

Post #98

Nice close

adamski

10/30/09 10:52 AM

Post #97

Conexant Exceeds Guidance for Fourth Quarter of Fiscal 2009

Conexant Systems, Inc. (NASDAQ: CNXT) today announced that financial results for the fourth quarter of fiscal 2009 exceeded the guidance provided at the beginning of the quarter. The company also said that its imaging and audio businesses grew 18 percent on a sequential basis and accounted for 58 percent of total revenues.

Fourth Fiscal Quarter Financial Results

Conexant presents financial results based on Generally Accepted Accounting Principles (GAAP) as well as select non-GAAP financial measures intended to reflect its core results of operations. The company believes these core financial measures provide investors with additional insight into its underlying operating results. Core financial measures exclude certain non-cash and other non-core items as fully described in the GAAP to non-GAAP reconciliation in the accompanying financial data.

On August 24, 2009 Conexant announced the completion of the sale of its Broadband Access product lines to Ikanos Communications, Inc. for $54 million. The financial results of the Broadband Access business unit have been classified as discontinued operations in Conexant’s fourth fiscal quarter financial statements.

Conexant’s core net revenues for the fourth quarter of fiscal 2009 were $56.2 million. Core gross margins were 60.2 percent of revenues. Core operating expenses were $25 million, and core net income was $3.5 million, or $0.07 per share.

On a GAAP basis, net revenues for the fourth quarter of fiscal 2009 were $56.2 million. GAAP gross margins were 60.4 percent of revenues. GAAP operating expenses of $37 million included restructuring charges of $5.6 million associated with unutilized leases and a previously announced reduction in force, and asset impairments of $5.6 million. GAAP loss from continuing operations was $7.7 million. GAAP loss from discontinued operations was $5.5 million, offset by a gain of $36.7 million on the sale of the Broadband Access business. GAAP net income was $23.5 million, or $0.47 per diluted share.

The company ended the quarter with $125.4 million in cash and cash equivalents, compared to $123.4 million in the previous quarter. Fourth fiscal quarter cash and cash equivalents included the initial proceeds of $18.4 million from a public offering of common stock that raised a total amount of $21.2 million. During the quarter, the company retired an aggregate amount of $80 million of its senior secured notes due in November 2010.

Financial-performance and Business Perspective

“For the fourth fiscal quarter, the Conexant team again delivered performance that exceeded our expectations on all financial metrics,” said Scott Mercer, Conexant’s chairman and chief executive officer. “Fourth quarter revenues of $56.2 million were better than the $54 million we anticipated entering the quarter and increased 10 percent from third quarter revenues of $50.8 million. Fourth quarter core gross margin of 60.2 percent was 40 basis points higher than core gross margin of 59.8 percent in the previous quarter. Core operating expenses of $25 million were lower than the approximately $27 million we anticipated and compared to $26.8 million in the third quarter. Core operating income of $8.8 million was above the $6 million we expected and compared to $3.6 million in the prior quarter. Core net income was $3.5 million, or $0.07 per share, rather than the $0.01 to $0.02 per share we anticipated entering the quarter.

“In our imaging and audio businesses, where we have focused our product-development and acquisitions efforts, we delivered fourth quarter sequential growth of 18 percent,” Mercer said. “Together, these two businesses accounted for 58 percent of our total revenues.

“The recent sale of our Broadband Access business represented the completion of our restructuring strategy, which included the termination of new investments in wireless networking, the divestiture of our Broadband Media Processing business, and the strengthening of our product portfolio with targeted acquisitions,” Mercer said. “Conexant today is a company transformed. We are now a smaller, more profitable enterprise focused on delivering operational excellence and innovative solutions for imaging, audio, embedded-modem, and video applications. In each of these areas, we have established leadership positions.

“With a proven team, an outstanding IP portfolio, and a customer list that includes worldwide industry leaders, we plan to grow by capturing market share with existing designs and delivering new products for the areas we currently serve. In addition, we plan to apply our core capabilities in analog and mixed-signal design and firmware and software development to capitalize on new opportunities in adjacent markets.”

First Fiscal Quarter Business Outlook

Conexant expects revenues for the first quarter of fiscal 2010 to be approximately $60 million. Core gross margins for the first quarter are expected to be about 60 percent of revenues. The company anticipates that core operating expenses will be approximately $25 million, which includes reinstatement of performance-based employee incentive plans. As a result, the company expects that first quarter core operating income will be approximately $11 million, with core net income of approximately $0.11 per share based on approximately 60 million shares outstanding.

Conference Call Today

Financial analysts, members of the media, and the public are invited to participate in a conference call that will take place today at 5:00 p.m. Eastern Time (ET)/ 2:00 p.m. Pacific Time (PT). Conexant senior management will discuss fourth quarter fiscal 2009 financial results and the company’s outlook. To listen to the conference call via telephone, dial 866-650-4882 (in the U.S. and Canada) or 706-679-7338 (from other international locations); participant pass code: Conexant; Conference ID number: 35114866.

To listen via the Internet, visit the Investor Relations section of Conexant's Web site at www.conexant.com/ir. Playback of the conference call will be available shortly after the call concludes and will be accessible on Conexant’s Web site at www.conexant.com/ir or by calling 800-642-1687 (in the U.S. and Canada) or 706-645-9291 (from other international locations); Conference ID number: 35114866.

About Conexant

Conexant’s comprehensive portfolio of innovative semiconductor solutions includes products for imaging, audio, embedded-modem, and video applications. Conexant is a fabless semiconductor company headquartered in Newport Beach, Calif. For more information, 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 are also 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 availability of manufacturing capacity; changes in our product mix; pricing pressures and other competitive factors; our ability to timely develop and implement new technologies and to obtain protection for the related intellectual property; the cyclical nature of the semiconductor industry, which is subject to significant downturns that may negatively impact our business, financial condition, cash flow, and results of operations; the cyclical nature of the markets addressed by our products and our customers’ products; volatility in the technology sector and the semiconductor industry; the risk that capital needed for our business and to repay our indebtedness will not be available when needed; our successful development of new products; the timing of our new product introductions and our product quality; demand for and market acceptance of our new and existing products; our ability to anticipate trends and develop products for which there will be market demand; product obsolescence; the ability of our customers to manage inventory; our ability to identify and execute acquisitions, divestitures, mergers or restructurings, as deemed appropriate by management; the financial risks of default by tenants and subtenants in the space we own or lease; the risk that the value of our common stock may be adversely affected by market volatility or failure to meet all applicable listing requirements of the NASDAQ Global Market; the substantial losses we have incurred; 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; general economic and political conditions and conditions in the markets we address; 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.

mlkrborn

10/29/09 5:03 PM

Post #96

Conexant Announces Pricing of Common Stock Offering @2.85 9/24/09

Conexant Systems, Inc. (NASDAQ: CNXT) today announced the pricing of an underwritten public offering of 7 million shares of its common stock at a price to the public of $2.85 per share. Conexant has granted the underwriter a 30-day option to purchase up to an additional 1.05 million shares of its common stock to cover over-allotments, if any. Conexant expects to receive net proceeds, after deducting the underwriting discount and estimated offering expenses, of approximately $18.4 million from the offering, or $21.2 million if the underwriter exercises its over-allotment option in full. Oppenheimer & Co. Inc. is the sole underwriter of the offering. The offering is expected to close on September 29, 2009, subject to customary closing conditions.
Conexant Announces Over-Allotment Exercise on Recent Common Stock Offering
Date : 10/14/2009 @ 4:30PM
Source : Business Wire
Stock : Conexant Systems, Inc. (CNXT)
Quote : 2.44 0.31 (14.55%) @ 7:22AM

Conexant Announces Over-Allotment Exercise on Recent Common Stock Offering

Conexant Systems, Inc. (NASDAQ:CNXT) today announced that the underwriter of its recently concluded public offering of 7,000,000 shares of common stock exercised its over-allotment option to purchase an additional 1,050,000 shares of the company’s common stock, bringing the total shares sold to 8,050,000 at a price of $2.85 per share. The offering of 7,000,000 shares closed on September 29, 2009. Net proceeds to Conexant from the sale of the 8,050,000 shares of common stock, after deducting the underwriting discount and estimated offering expenses, were approximately $21.2 million. Oppenheimer & Co. Inc. acted as sole underwriter in the offering.
Conexant intends to use the net proceeds of the offering for general corporate purposes including, but not limited to, repaying, redeeming, or repurchasing existing debt, and for working capital, capital expenditures, and acquisitions.

xero90

04/21/09 10:52 AM

Post #95

looks like the sell off is coming, bottom anyone?

xero90

04/21/09 9:36 AM

Post #94

may have one more good day. 200 sma is 2.29

xero90

04/20/09 9:58 AM

Post #93

CNXT : looks like a pull back day, let see if we hit 1.00

xero90

04/18/09 9:15 AM

Post #92

where is everybody, this has at least two more good days in it

maddog27

04/17/09 5:31 PM

Post #91

Re: #90: @JusDePomme - DO u jump on the ship this morning? wow

Yup, very nice move today. A little surprised by the steam it had behind it but not complaining.

JusDePomme Free

04/17/09 2:12 PM

Post #90

Re: #89: @maddog27 - Still on the sidelines, waiting for that .75

DO u jump on the ship this morning? wow

maddog27

04/16/09 7:18 PM

Post #89

Re: #88: @wayne1111 - this chart does look good . still in

Still on the sidelines, waiting for that .75 to clear before I jump in. Tomorrow might be the day.... GLTY

wayne1111

04/06/09 10:48 AM

Post #88

Re: #87: @maddog27 - chart looks good for a breakout...break of .74

this chart does look good . still in handle . should move shortly

maddog27

04/04/09 1:29 PM

Post #87

chart looks good for a breakout...break of .74 with .87(t1) and 1.34(t2) Stop close under .64

wayne1111

03/26/09 3:10 PM

Post #86

Re: #85: @wayne1111 - anybody on this board

look at these chart it looks promising

wayne1111

03/19/09 11:19 AM

Post #85

Re: #84: @wayne1111 - quite board

anybody on this board

wayne1111

01/29/09 4:15 PM

Post #84

quite board

frenchee

09/30/08 3:12 PM

Post #83

Re: #80: @bizcman - im not a stock pumper but big news

#msg-32531394

frenchee

09/30/08 10:17 AM

Post #82

Re: #81: @Greencake - Right on the money Bizcman...

Conexant on the roll again. I got some this a.m.

Greencake

06/05/08 9:03 PM

Post #81

Re: #80: @bizcman - im not a stock pumper but big news

Right on the money Bizcman...

...nice work and thanks for your message ....

JT

bizcman

05/28/08 12:05 AM

Post #80

im not a stock pumper but big news has just came out...... CNXT will be holding a tech. news confrenceon tuesday june 3 2008 at 11:50 AM... Wait on it and then BUY!

uhlmant

05/16/08 8:28 AM

Post #79

Re: #78: @Greencake - Today's 5-Star Movers

thanks....i'm loosing hope with cnxt. I'm still a big owner but I'd just love to see 60-70 cents 1 more time.

I think its doable.
troy

Greencake

05/16/08 7:28 AM

Post #78

Re: #71: @uhlmant - Strange day for it to bounce...but we'll take it.

Today's 5-Star Movers

By Motley Fool Staff May 15, 2008

As fundamentals-focused long-term investors, Fools never base an investment decision on the daily gyrations of the market. But the market's daily price movements can be useful when looking for new stock ideas for further research, or to keep tabs on watch-list stocks.

Below you'll find today's biggest movers among our five-star stocks -- the highest rating awarded by our CAPS community of more than 100,000 investors. Have a look, and then visit us on CAPS to dig in further on each of them.

Up Today
Sector
Sector Past 30 Days
Fools Saying Outperform
Research

Woodward Governor Company

(Nasdaq: WGOV)
10.19%
Industrial Electrical Equipment
12.09%
329 of 334
Research

Temple-Inland, Inc.

(NYSE: TIN)
9.21%
Paper & Paper Products
0.89%
188 of 196
Research

RF Micro Devices, Inc.

(Nasdaq: RFMD)
7.45%
Semiconductor - Integrated Circuits
16.18%
389 of 413
Research

Other Five-Star Industrial Electrical Equipment
Ametek (NYSE: AME) up 2.04%
EnerSys (NYSE: ENS) up 1.22%
Other Five-Star Paper & Paper Products
Aracruz Celulose S.A. (NYSE: ARA) up 1.64%
Votorantim Celulose e Papel S.A (NYSE: VCP) up 1.13%
Other Five-Star Semiconductor - Integrated Circuits
Conexant Systems (Nasdaq: CNXT) up 4.40%
TriQuint Semiconductor (Nasdaq: TQNT) up 4.04%

http://www.fool.com/investing/general/2008/05/15/todays-five-star-movers.aspx

Greencake

05/02/08 4:07 PM

Post #77

Re: #74: @PremierStocks - Charts a BULL

Huge buys went through EOD.... keep an eye on this one Friend(s) .... I am thinking it still will "pinch hard." ...GW ....also some indicators reversing towards a positive trend.

....Your expertise is appreciated...

Thanks again redsoxnumba1,

GL and TTYS

Another Great Green Friday...here on "the Hub."

Blue Skies, Green $creens,

JT

Greencake

04/29/08 9:39 AM

Post #76

Re: #71: @uhlmant - Strange day for it to bounce...but we'll take it.

Conexant To Sell Broadband Media Processing Pdt Lines
0 minutes ago - T
DOW JONES NEWSWIRES
Conexant Systems Inc. (CNXT) agreed to sell its Broadband Media Processing product lines to NXP Semiconductors for up to $145 million.
Conexant, a Newport Beach, Calif., provider of semiconductor products and integrated systems for communication applications, said it will receive $110 million in cash, and up to $35 million in an earnout fee, contingent on the achievement of milestones over the next two years.

Conexant to sell broadband media processing product lines to NXP for $145M
6 minutes ago - Xinhua Financial News
DOW JONES NEWSWIRES
Conexant Systems Inc. (CNXT) agreed to sell its Broadband Media Processing product lines to NXP Semiconductors for up to $145 million.
Conexant, a Newport Beach, Calif., provider of semiconductor products and integrated systems for communication applications, said it will receive $110 million in cash, and up to $35 million in an earnout fee, contingent on the achievement of milestones over the next two years.

NXP to Acquire Conexant's Set-Top Box Operations
11 minutes ago - BusinessWire
DOW JONES NEWSWIRES
Conexant Systems Inc. (CNXT) agreed to sell its Broadband Media Processing product lines to NXP Semiconductors for up to $145 million.
Conexant, a Newport Beach, Calif., provider of semiconductor products and integrated systems for communication applications, said it will receive $110 million in cash, and up to $35 million in an earnout fee, contingent on the achievement of milestones over the next two years.

Conexant Sys Says 700 Employees To Transfer To NXP >CNXT
26 minutes ago - T
DOW JONES NEWSWIRES
Conexant Systems Inc. (CNXT) agreed to sell its Broadband Media Processing product lines to NXP Semiconductors for up to $145 million.
Conexant, a Newport Beach, Calif., provider of semiconductor products and integrated systems for communication applications, said it will receive $110 million in cash, and up to $35 million in an earnout fee, contingent on the achievement of milestones over the next two years.

Conexant Sys Sees Deal Closing In 60 Days >CNXT
26 minutes ago - T
DOW JONES NEWSWIRES
Conexant Systems Inc. (CNXT) agreed to sell its Broadband Media Processing product lines to NXP Semiconductors for up to $145 million.
Conexant, a Newport Beach, Calif., provider of semiconductor products and integrated systems for communication applications, said it will receive $110 million in cash, and up to $35 million in an earnout fee, contingent on the achievement of milestones over the next two years.

(SORRY FOR THE REPETITION)

Thanks Scottrade....

Greencake

04/07/08 12:54 PM

Post #75

Re: #74: @PremierStocks - Charts a BULL

You've got that right Friend, thanks for stoppin' by the board and thanks for the nice annotated...

Cheers redsox and ttys,

JT

Older

Market Vectors ChinaAMC SME-ChiNext (CNXT)

Followers	9	Posters	41
Posts (Today)	0	Posts (Total)	124
Created	03/11/04	Type	Free
Moderators

Conexant Systems Inc.

4000 MacArthur Boulevard
Newport Beach, CA 92660

Phone: (949) 483-4600
Fax: (949) 483-6375

Web Site: http://www.conexant.com/

Conexant Systems, Inc. designs, develops and sells semiconductor system solutions for use in products driving broadband digital home information and entertainment applications. Its solutions connect the client or end customer side of personal communications access products such as personal computers (PCs), set-top boxes and game consoles to audio, video, voice and data services over broadband and dial-up Internet connections. The Company's media processing products enable the capture, display, storage, playback and transfer of audio and video content in applications throughout the digital home and small-office environments. Conexant's offerings can be categorized in three product groups: Dial-Up Access Solutions, Broadband Data Access Solutions and Broadband Media Access Solutions.

Current quote:http://finance.yahoo.com/q?d=t&s=CNXT

More Investment info:http://quotes.nasdaq.com

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