Next Inning Technology Updates Outlooks for Vitesse Semiconductor, PMC Sierra, Harmonic, and SeaChange International
June 07 2006 - 11:50AM
PR Newswire (US)
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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