PMCS (MM)

PRINCETON, N.J., June 7 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com/), a subscription service focused on semiconductor and technology stocks, has published updated outlooks for Vitesse Semiconductor (NASDAQ:VTSS), PMC Sierra (NASDAQ:PMCS), Harmonic (NASDAQ:HLIT), and SeaChange International (NASDAQ:SEAC). New subscribers will also soon receive Next Inning's upcoming Q2 State of Tech report, a $149 value, free when they sign up for a complimentary 21-day trial subscription to Next Inning: https://www.nextinning.com/subscribe/index.php?refer=prn271 In the report, Editor Paul McWilliams wrote: "After the close Monday, Vitesse issued a news release and filed an 8-K with the SEC that provided investors with the details of the financing package it has negotiated with Tennebaum Capital Partners LLC (TCP). The good news is that Vitesse has secured financing and that TCP has indicated it is willing to provide more money if needed. However, while it's comforting to know Vitesse has capital and that TCP, which has $4B in resources, is ready to provide more if it's needed, it's important to note that this good news comes with a steep price." McWilliams looks at these topics: -- With financing established and the management team gone, does McWilliams think Vitesse will be able to emerge from this rough patch? -- After selling his PMC Sierra position earlier this year, does McWilliams think it's time to revisit the stock today? -- Does McWilliams think Harmonic will be ready for the rollout of MPEG-4 technology by satellite companies? -- SeaChange pointed to accelerating demand for video-on-demand systems when it raised guidance. Does McWilliams expect this trend to continue? Founded in September 2002, Next Inning's model portfolio has returned 280% since its inception versus 73% for the NASDAQ, and so far in 2006, it has returned 14.8%. About Next Inning: Next Inning is a subscription financial newsletter focused on technology stocks. Editor Paul McWilliams is a 20+-year industry veteran. NOTE: This release was published by Indie Research Advisors, LLC (CRD #131926), a registered investment advisor with the NASD and State of NJ. Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security. CONTACT: Rusty Szurek, Next Inning Technology Research, +1-888-278-5515 DATASOURCE: Indie Research Advisors, LLC CONTACT: Rusty Szurek of Next Inning Technology Research, +1-888-278-5515 Web site: http://www.nextinning.com/ https://www.nextinning.com/subscribe/index.php?refer=prn271

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