Is Conexant Worth the Risk? (The Motley Fool)
17th Nov 2006, 03:35 GMT
The Motley Fool - Conexant's (Nasdaq: CNXT - News) shares popped this week on news that its multimedia and network processors have been chosen by Motorola (NYSE: MOT - News) for use in its next-generation set-top box. Motivated to take a closer look, my initial reaction to the investor interest was one of amazement. I remembered Conexant as a series of huge losses coupled with a mountain of debt -- not exactly the stuff of investors' dreams. After doing a bit of digging, though, it looks to me like the company is doing better than I expected. It may even be worth a look -- but only for risk-tolerant investors.
Latest news from Yahoo! News: Semiconductor Industry & Servers:
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