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Next Inning Technology Announces Investment Opinion, Updates Outlooks for Seagate Technology, EZchip Semiconductor, NetLogic Microsystems, Garmin, and SiRF Technology
Business Wire, August 6, 2008
PRINCETON, N.J. -- Next Inning Technology Research (http://www.nextinning.com), a subscription service focused on semiconductor and technology stocks, announced it has updated outlooks for Seagate Technology (NYSE: STX), EZchip Semiconductor (Nasdaq: EZCH), NetLogic Microsystems (Nasdaq: NETL), Garmin (Nasdaq: GRMN) and SiRF Technology (Nasdaq: SIRF).
Ahead of the Cisco earnings report, Next Inning editor in chief, Paul McWilliams, advised his readers to buy Cisco while it was trading for less than $22. What other stocks does he think investors should be accumulating today? Which stocks does he think investors should avoid? Click to read his updated thoughts and enjoy a 21-day free trial of Next Inning:
https://www.nextinning.com/subscribe/index.php?refer=biz700
In response to member inquiries, McWilliams wrote: "What makes this interesting and precedent-setting is that if the case stands, it basically sets the precedent that we can own storage space remote from our home and from a legal perspective it is viewed the same as if it were in our home. The Cablevision argument is that the network storage is simply a DVR with a 'really long cord'..."
McWilliams also looks at these topics:
-- Now that network DVRs have cleared a legal hurdle, what would be the impact of the technology's widespread adoption on Seagate and other players in the cable TV set-top box and infrastructure business?
-- Following EZChip's recent quarterly report, is McWilliams still comfortable with his optimistic Q4 projection? Would he consider adding shares at current prices?
-- Ahead of the Cisco earnings report, McWilliams advised readers that NetLogic had a very valuable sole source position on a specific application and that at the then current price the stock merited consideration.
-- McWilliams cautioned readers last year that competition in the GPS receiver market would weigh on Garmin. Now that we've seen the results of this challenge, what does McWilliams think Garmin will do next? According to what he wrote in a report this week, investors need to seriously contemplate how changes in the GPS market should also change how they look at an investment in Garmin.
-- What options does McWilliams see for GPS chip maker SiRF? Does he think that it's worth a look while it's trading near an all time low?
Founded in September 2002, Next Inning's model portfolio has returned 206% since its inception versus 82% 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.
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