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Market Vectors Chinaamc Sme-Chn (CNXT) [hlAlert]


Conexant Systems, Inc. (CNXT) rated Hold

Posted on: Friday,  Nov 9, 2007  9:25 AM ET by Roth Capital

Roth Capital rated Hold Market Vectors Chinaamc Sme-Chn (AMEX: CNXT) on 11/09/2007. Previously Roth Capital rated Sell Market Vectors Chinaamc Sme-Chn (AMEX: CNXT)
on 07/27/2007., when the stock price was $12.70. Since then, Market Vectors Chinaamc Sme-Chn has gained 5.51% as of 10/02/2007's recent price of $13.40.
If you would have followed the previous Roth Capital's recommendation on CNXT, you would have lost 5.22% of your investment in 67 days.

Conexant Systems, Inc. innovative semiconductor solutions are driving broadband communications and digital home networks worldwide. The company has leveraged its expertise and leadership position in modem technologies to enable more Internet connections than all of its competitors combined, and continues to develop highly integrated silicon solutions for broadband data and media processing networks. Key products include client-side xDSL and cable modem solutions, home network processors, broadcast video encoders and decoders, digital set-top box components and systems solutions, and dial-up modems. The company also offers a complete line of asymmetric and symmetric DSL central office solutions, which are used by service providers worldwide to deliver broadband data, voice, and video over copper telephone lines.

ROTH researches emerging growth equities in the media, technology, telecommunications, healthcare, consumer, energy and industrial sectors. The research is focused on companies with market capitalization of between $100 million - $1 billion. Our coverage universe includes approximately 180 small cap growth companies around the globe including several companies from China. With an average market cap of approximately $500 million, our objective is to identify rapidly growing companies with significant long term growth prospects.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/9/2007 9:25 AM Hold
11.60 12.50
as of 12/24/2008
1 Week down  -0.78 %
1 Month up  85.29 %
3 Months up  82.60 %
1 YTD up  82.60 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/2/2007 9:25 AM Hold
13.40 12.50
7/27/2007 9:25 AM Sell
12.70 10.00

(*) Stock Price at the time of the recommendation.
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