Next Inning Technology Updates Outlooks for PMC-Sierra, QLogic, Intel, and Apple
April 24 2008 - 10:57AM
PR Newswire (US)
PRINCETON, N.J., April 24 /PRNewswire/ -- Next Inning Technology
Research (http://www.nextinning.com/), a subscription service
focused on semiconductor and technology stocks, announced it has
updated outlooks for PMC-Sierra (NASDAQ:PMCS), QLogic
(NASDAQ:QLGC), Intel (NASDAQ:INTC), and Apple (NASDAQ:AAPL). In his
State of Tech report, Editor Paul McWilliams covers roughly 70
companies that, in total, report annual revenues in excess of
$700B. The quarterly Next Inning State of Tech has been praised by
many professional investors as one of the best tools available for
investors hoping to cash in during earnings season. New subscribers
have the chance to leverage these detailed reports during a 21-day
no-risk free trial membership:
https://www.nextinning.com/subscribe/index.php?refer=prn663 In his
State of Tech Report, McWilliams wrote: "Beyond the obvious factor
that PMC-Sierra is priced as a "growth" stock (the price is based
on future earnings potential rather than a historical earnings
record), the thing that makes it so highly speculative today is
that PMC-Sierra exhausted its balance sheet to acquire the
technologies needed to rebuild its business model. The implications
here are that when Wall Street starts to question PMC-Sierra's
ability to produce the future earnings upon which the current price
is based, there is no cushion below the price to soften or slow the
fall..." McWilliams also looks at these topics: -- Does McWilliams
expect PMC-Sierra's high-risk course to pay off? -- Are QLogic's
markets poised to get more competitive? Can the company benefit
from trends toward virtualization? -- Should investors view Apple's
recent purchase of PA Semiconductor as a threat to Intel? -- Does
McWilliams think it was a good move on Apple's part to purchase PA
Semiconductor? Founded in September 2002, Next Inning's model
portfolio has returned 238% since its inception versus 86% for the
Nasdaq. 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, a registered investment advisor with
CRD #131926. Interested parties may visit adviserinfo.sec.gov for
additional information. 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:
Marcie Martin Next Inning Technology Research, +1-888-278-5515
DATASOURCE: Indie Research Advisors, LLC CONTACT: Marcie Martin of
Next Inning Technology Research, +1-888-278-5515 Web site:
http://www.nextinning.com/
https://www.nextinning.com/subscribe/index.php?refer=prn663
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