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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.

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---------------------------------------------------------------------------------------------

SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html

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

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SOURCE: StockPreacher

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