Trading Outlook for Conexant Systems Inc. Issued by StockPreacher.com

November 2, 2009 6:50 AM EST

DALLAS, Nov. 2, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring Conexant Systems Inc. (Nasdaq: CNXT). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.

The investment report on Conexant Systems Inc. (Nasdaq: CNXT) should be of particular interest to comparable companies: LSI Corporation (NYSE: LSI), Texas Instruments Inc. (NYSE: TXN), Intel Corporation (Nasdaq: INTC) and STMicroelectronics NV (NYSE: STM).

The full report is available at: http://www.stockpreacher.com/n/CNXT

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Conexant Systems Inc. (CNXT) designs, develops and sells semiconductor system solutions consisting of semiconductor devices, software and reference designs, for imaging, video, audio and modem applications. These include a portfolio of imaging solutions for multifunction printers (MFPs), fax platforms and digital photo frame market segments. The Company's video solutions are targeted at personal computer television (PCTV) applications that enable consumers to watch broadcast television on a personal computer and the video surveillance and security market.

Message Board Search for CNXT: http://www.boardcentral.com/boards/CNXT

In the report, the analyst notes:

"CNXT's net revenues decreased 31% to $50.8 million in the fiscal quarter ended July 3, 2009, from $73.9 million in the fiscal quarter ended June 27, 2008. This decline was driven by a 14% decrease in unit volume shipments and a 20% decrease in average selling prices (ASPs). The revenue decreases are primarily attributable to the Company's personal computer modem business due to deteriorating global economic conditions and the modem de-bundling trend in the computer segment, and to its legacy wireless components business.

"CNXT recently introduced a new family of audio system-on-chip (SoC) solutions for embedded audio and voice applications. The CX2070X SoCs are targeted at growing audio opportunities in multimedia IP phones, personal navigation devices, portable media players, and mobile Internet devices. Additional applications include MP3 player docking stations, PC speaker systems, audio headsets, and unified communications systems that support services such as voice-over-IP telephony, speakerphone, and audio conferencing functionality. The highly integrated SoCs can also be used to enable audio capabilities in intercom and door phone applications. The new audio solutions are shipping in pre-production quantities to customers now."

To read the entire report visit: http://www.stockpreacher.com/n/CNXT

StockPreacher.com is a small-cap research and investment commentary provider. StockPreacher.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com

StockPreacher.com Disclosure

StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly-owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures.

CONTACT:  StockPreacher.com
          Jeff Bishop
          (469)-252-3505
          press@beaconequity.com


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CNXT 2.30

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