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NI Technology Updates Outlooks for EZchip Semiconductor, OmniVision Technologies, SanDisk, Micron and Microchip Technology

PR Newswire
posted: 88 DAYS 4 HOURS AGO

PRINCETON, N.J., Aug. 31 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on semiconductor and technology stocks, announced it has updated outlooks for EZchip Semiconductor (Nasdaq: EZCH), OmniVision Technologies (Nasdaq: OVTI), SanDisk (Nasdaq: SNDK), Micron (NYSE: MU) and Microchip Technology (Nasdaq: MCHP).

In a special report published March 9th, editor Paul McWilliams advised Next Inning readers that a rally would start that week. As it turned out, the rally started the very next day and a number of the stocks McWilliams suggested buying have since doubled or better.

Prior to the July earnings season, McWilliams predicted we would see an unusually strong rally for tech stocks and that Intel would lead it off by reporting a huge upside surprise with revenues reaching as high as $8B. As one reader commented, "it was almost as though McWilliams wrote the script for the Intel conference call." McWilliams today published his updated forecast for Intel's third quarter and guess what, he again finds himself in disagreement with the covering analysts.

Next Inning is also keeping its readers informed about emerging trends in the tech industry. Coming soon, Next Inning will publish a special report covering the tech companies most likely to benefit from emerging "green tech" industries. To help you position your portfolio for the next rally, Next Inning has extended its free 21-day no risk trial offer. If you would like to receive regular, timely and actionable calls on tech stocks and trends, please visit us at the following link:

https://www.nextinning.com/subscribe/index.php?refer=prn868

McWilliams covers these topics and more in his recent reports:

-- Is the loss of a recent design at Juniper really as significant a threat to EZchip as the stock price suggests? Does McWilliams think there are reasons to believe the current projections of covering analysts are overly conservative? What signs does he see to support the contention that the new EZchip NP-4 network processor is being designed into products at Cisco and other major networking companies?

-- In his Monday earnings preview of OmniVision, McWilliams outlined exactly why he expected the company to report results above analysts' expectations and provide very strong guidance. Both proved to be true. OmniVision's guidance was nearly 50% better than the consensus of the covering analysts. This leads some investors to wonder why the stock has failed to fully reflect the clearly good news. As McWilliams noted in his preview, these near term results are only part of the story. What was it that led McWilliams to predict in his preview the market would fail to fully embrace OmniVision's upside? Read McWilliams follow up to the OmniVision earnings report for the details.

-- Does recent semiconductor sales data confirm the surge in demand for NAND Flash that McWilliams predicted last spring we would see during the second half? What does this mean for SanDisk stock?

-- Micron has now doubled since McWilliams flipped to a positive stance on the stock in March. Could Micron shares move even higher from here?

-- At what price would McWilliams consider adding shares of Microchip? What does recent semiconductor sales data indicate about trends in Microchip's markets?

Founded in September 2002, Next Inning's model portfolio has returned 207% since its inception versus 13% for the S&P 500.

About Next Inning:

Next Inning is a subscription-based investment newsletter that provides regular coverage on more than 150 technology and semiconductor stocks. Subscribers receive intra-day analysis, commentary and recommendations, as well as access to monthly semiconductor sales analysis, regular Special Reports, and the Next Inning model portfolio. Editor Paul McWilliams is a 30+ year semiconductor 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: Marcia Martin, Next Inning Technology Research, +1-888-278-5515

SOURCE Indie Research Advisors, LLC

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