BOSTON, Dec. 1, 2004 (PRIMEZONE) -- Next Inning Technology Research (http://www.nextinning.com), a subscription service focused on semiconductor and technology stocks, recently provided to its members a detailed analysis of The Semiconductor Industry Association (SIA)'s October figures.
Founded in September 2002, Next Inning's model equity portfolio has returned a staggering 246%, well outdistancing the Nasdaq's 57% gain over the same period.
"It appears a significant percentage of the inventory glut in Asia is centered around parts used in consumer electronics. There are most certainly pockets of problems in other areas, but from a volume perspective, consumer seems to be at the epicenter. If this assumption is correct, seeing a measurable drop in volume (-6.4%) and a meaningful increase in average selling price (+4.9%) is what we should have expected," Next Inning editor Paul McWilliams writes.
"However, just because current numbers are being dragged down by companies working off inventory while actual consumer consumption remains relatively strong," McWilliams continued, "it doesn't mean we won't face a drop in demand early next year. The simple truth is, the macro-indicators for the semi sector are mixed."
Next Inning's commentary also includes details on the following topics:
-- How might Texas Instruments (NYSE:TXN), Analog Devices (NYSE:ADI), Qualcomm (Nasdaq:QCOM) and Motorola (NYSE:MOT) be impacted by the latest Digital Signal Processor sales numbers.
-- Does Next Inning expect a year-over-year decline of semiconductor sales in 2005?
-- How is Next Inning positioning its model portfolio to appropriately balance the rewards and risks it sees present in the market, especially as they relate to semiconductor stocks.
Technology investors can read Next Inning's company specific comments by signing up for a complimentary thirty-day trial to Next Inning's service by clicking here:
https://www.nextinning.com/subscribe/index.php?refer=zone17
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. This press release does not contain recommendations to buy or sell any of the securities mentioned in it.