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No. of Recommendations: 1
I'm not really surprised that CNXS has been shaken. The revised earnings downward and ~8% growth in sales expected for f2003 is not too pretty. It's about the performance I'd want from a stock trading with a PE of 10-12. Not the current 17X. If CNXS gets into the $7-9 range, I'll give it a serious look. Even then, it's hard for me to consider putting money into a company that doesn't seem to be able to really manage it's growth successfully (This isn't a conviction - I haven't done enough research yet - it's just an impression).

At the same time, I see a potential buying points for FARO, SCNYB, TALK, and ESPD, CSTR, and RADN opening up. Every one of these seems more interesting to me than CNXS.
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