BOSTON, Oct. 13, 2004 (PRIMEZONE) -- Next Inning Technology Research (http://www.nextinning.com), a subscription service focused on semiconductor and technology stocks, recently helped members secure profits while the market misjudged a news release from Harmonic (Nasdaq:HLIT), leading to a pre-market sell off.
Founded in September 2002, Next Inning's model equity portfolio has returned a staggering 215%, well outdistancing the Nasdaq's 49% gain over the same period.
Next Inning Editor, Paul McWilliams, initiated coverage on Harmonic in 2002 and urged members to consider the leader in video technology when it was trading for just over $1.00. More recently, in August 2004, McWilliams again mentioned Harmonic as one of his favorite ideas when it was trading for just under $6.00.
With the recent run to over $7.00, it was looking like those who waited might have missed their chance for this entry price. However, when Harmonic released a news report late Monday that McWilliams felt sure the Wall Street set would misinterpret, he again mentioned Harmonic as a great opportunity when shares drifted below $6.00 in the pre-market.
McWilliams issued a final update to members after he spoke at length with the two top Harmonic executives and several field contacts. As the day evolved, the market proved McWilliams right. Harmonic closed the day just under $7.00 and members who reacted early got a nice entry and a 16% return in one day.
Key recent developments and topics reviewed by Next Inning include:
-- How did today's announcement change McWilliams' outlook for Harmonic?
-- How will Harmonic benefit from the coming FTTP / FTTH deployments by Verizon (VZ), SBC Communications (SBC) and Bell South (BLS)?
-- How will Harmonic benefit is ComCast (CMCSA) purchases Adelphia (ADELQ)?
-- Why is Harmonic's business in the international DSL market doing so well?
-- What is McWilliams' outlook for HLIT's business in 2005?
-- Why will Harmonic likely do well even if the economy slows and oil prices continue to rise?
Technology investors can gain access to McWilliams' complete commentary by signing up for a free thirty-day trial to Next Inning's service by clicking here:
https://www.nextinning.com/subscribe/index.php?refer=zone8
Trial members receive free access to Next Inning's "Q2 State of Technology Inventory Levels" special report, which covered over fifty companies whose quarterly sales totaled over $90B. The report has a retail value of $149. They will also receive a free copy of McWilliams' 24-page report covering semiconductor cycles -- past, present and future.
About Next Inning Technology Research
Next Inning Technology Research is a subscription financial newsletter focused on technology and semiconductors stocks. Editor Paul McWilliams is a 20+-year industry veteran and ranked by SmartMoney as one of the thirty most influential people in investing.
NOTE: Indie Research, LLC and Vizue, LLC publishers of Next Inning Technology Research, are not registered broker dealers, registered investment advisers or registered research analysts.