Next Inning Technology Announces Investment Opinion, Updates Outlooks for Taiwan Semiconductor Manufacturing, Chartered Semiconductor Manufacturing, United Microelectronics, Amkor Technology, and Siliconware Precision Industries

Business Wire,  July 2, 2008  

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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 Taiwan Semiconductor Manufacturing (NYSE: TSM), Chartered Semiconductor Manufacturing (Nasdaq: CHRT), United Microelectronics (NYSE: UMC), Amkor Technology (Nasdaq: AMKR), and Siliconware Precision Industries (Nasdaq: SPIL).

In a series of reports released in March, Editor Paul McWilliams advised readers it was time to buy specific tech stocks. All of his selections went up significantly with some nearly doubling. Realizing the highs we were seeing in mid-May were unlikely to hold, McWilliams released a special report as the markets were peaking that month suggesting to his readers it was time to take some profits or at least hedge long positions with covered calls. Now that prices have declined, sharply in some cases, the big question on investors' minds is whether it's time to jump back in. In a series of special reports coving roughly 70 of the most dynamic tech companies in the world, McWilliams presents both the data and his opinions on which stocks to buy and which to avoid. Click the link below to read his updated thoughts and enjoy a 21-day free trial of Next Inning:

https://www.nextinning.com/subscribe/index.php?refer=bw691

In his State of Tech report on semiconductor fabricators, McWilliams wrote: "I first suggested accumulating shares of TSMC in early 2005 when it was trading in the $7's. Early this year I named TSMC as one of my "Core Four" proxy stocks. As these stocks dipped to what is still their low points for 2008, I wrote that I had gone as far as moving allocations from broad market indexes to the Core Four... TSMC posted both the largest increase and the smallest subsequent decline for any of the Core Four stocks. In my view, this punctuates the point I made that Wall Street is catching on to the trends that supported my original contention to make an over-weight allocation to TSMC."

McWilliams also looks at these topics:

-- Does McWilliams believe that semiconductor industry trends will continue to support the fabrication model leveraged by companies like TSMC? What has Wall Street missed about the fabrication sector up until recently?

-- What factors set TSMC apart from its peers in the fabrication sector? Even after the large gains realized by TSMC after McWilliams' buy call in January, does McWilliams expect further upside from the stock? What is McWilliams' buy price for TSMC?

-- As smaller players, are UMC and Chartered poised to benefit from trends in the fabrication industry? Does McWilliams recommend that investors consider these stocks?

-- How has the dynamic changed in the package and test industry over the last few years? Does McWilliams expect investors to be rewarded by considering Amkor, Siliconware, and other stocks in the sector?

Founded in September 2002, Next Inning's model portfolio has returned 227% since its inception versus 77% 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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