NI Technology Updates Outlooks for TSMC, United Microelectronics, Chartered Semiconductor, SMIC, Tower Semiconductor, and EZchip
September 16 2009 - 11:26AM
PR Newswire (US)
PRINCETON, N.J., Sept. 16 /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 TSMC (NYSE:TSM), United
Microelectronics (NYSE:UMC), Chartered Semiconductor (NASDAQ:CHRT),
SMIC (NYSE:SMI), Tower Semiconductor (NASDAQ:TSEM), and EZchip
Semiconductor (NASDAQ:EZCH). During the July earnings season
editor, Paul McWilliams was spot on. Not only was he the only one
to predict Intel would report revenue of $8B, he laid out the
details so accurately that one reader commented, "It was almost as
though McWilliams wrote the script for the Intel conference call."
With the October earnings season just around the corner, McWilliams
is now preparing Next Inning readers with his special "State of
Tech" reports. In this series of reports, readers will find
detailed data covering the sector leaders, commentary about sector
trends and specific calls as to which stocks McWilliams thinks
readers should buy and which he thinks they should sell. To read
this special report, learn what McWilliams thinks Intel will report
in Q3 and have full access to the Next Inning web site as well as a
direct feed to McWilliams' frequent investment ideas that have
yielded a year-to-date return of 72% for the NI Portfolio, please
visit the following link:
https://www.nextinning.com/subscribe/index.php?refer=prn874
McWilliams covers these topics and more in his recent reports: --
In June, industry writers were busy writing that TSMC's founder,
Dr. Morris Chang, was returning to fix an alleged "yield problem"
affecting the company's 40nm fabrication process. McWilliams
provided detailed data showing these accusations were wrong and
offered an in-depth view as to why Dr. Chang decided to return to a
more active role. At the bottom line, McWilliams urged readers to
buy TSMC while it languished in the low-$9 range and outlined
clearly why the stock would move back into double digits when Wall
Street discovered the industry writers were wrong. With the stock
up now over 20%, is McWilliams outlook still bullish for TSMC? --
In his June State of Tech coverage, McWilliams wrote that UMC would
top analysts' estimates for Q2 and likely be the best performing
stock during the next 90 days. In looking back, we can now see it
gained nearly twice as much as any of the other three. Does
McWilliams think it's time to hold on for more gains or cash out
for a nice profit? -- McWilliams advised readers in March that
Chartered would be an acquisition target and in his June State of
Tech report, stated he believed the ATIC rumors were probably real.
How does he see this acquisition changing the competitive landscape
in the fabrication sector? Does McWilliams think investors who
bought earlier on his recommendation should hold in hopes of the
offered being sweetened? -- McWilliams pointed out the large and
growing "fabless" semiconductor industry in China would be good for
SMIC this year and in January suggested readers should consider
buying the stock when it was trading for only $1.63. Up now nearly
70% from its January price, does McWilliams think investors should
hold out for more or take some profits? -- In his June State of
Tech report, McWilliams stated that he liked the combined forces of
Tower Semi and Jazz and suggested readers buy the stock at its then
current price of $0.29. Following this, he advised readers who took
the plunge to sell off 30% of their position as the stock popped
above $1 and pocket the roughly 250% profit. Now that the stock has
dropped back, does he think it's time to look at buying more shares
or is he worried the business plan isn't working out as well as he
originally thought? -- During the last week McWilliams received
several data points from field contacts that he believes are very
important for EZchip stock holders. What did McWilliams learn, and
how has it affected his view of EZchip? Founded in September 2002,
Next Inning's model portfolio has returned 229% since its inception
versus 17% 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
DATASOURCE: Indie Research Advisors, LLC CONTACT: Marcia Martin,
Next Inning Technology Research, +1-888-278-5515 Web Site:
http://www.nextinning.com/
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