Next Inning Technology Updates Outlooks for Corning, Microchip Technology, Plum Creek Timber, and STMicroelectronics
.nextinning.com), a subscription service focused on semiconductor
and technology stocks, announced it has updated outlooks for Corning
(NYSE: GLW), Microchip Technology (Nasdaq: MCHP), Plum Creek Timber
(NYSE: PCL), and STMicroelectronics (NYSE: STM).
In his State of Tech report, Editor Paul McWilliams covers roughly 70
companies that, in total, report annual revenues in excess of $700B. The
quarterly Next Inning State of Tech has been praised by many professional
investors as one of the best tools available for investors hoping to cash in
during earnings season. New subscribers have the chance to leverage these
detailed reports during a 21-day no-risk free trial membership:
https://www.nextinning.com/subscribe/index.php?refer=prn664
In his earnings preview, McWilliams wrote: 'The Corning story in a
nutshell is that I believe the persistently high prices we're seeing for
copper are leading many emerging market telecom companies to leverage fiber
more than they would if copper prices were lower. In addition to that, it
appears that the companies manufacturing the massively large glass panels used
for flat screen TVs are developing a viable business model to use the same
production lines to make thin film solar panels. All of these applications
have the potential to drive demand for Corning going forward...'
McWilliams also looks at these topics:
-- Last fall when Corning was trading for $22 and change, McWilliams
suggested that readers buy the stock. Now that it has moved up to the
mid-$20s, does he still see it as a good value?
-- Last January when Microchip was trading in the high $20s, McWilliams
wrote that it was a good buying opportunity. Now that the stock has
moved into the mid-$30s, does he think it's time to take some profits?
-- Knowing that higher interest rates would slow home construction, why
would anyone suggest buying a timber REIT in 2006. McWilliams did and
the total return to date has been over 35%. What does he see coming
next?
-- What two factors should STMicro stockholders watch going forward??
Founded in September 2002, Next Inning's model portfolio has returned 238%
since its inception versus 86% 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.
CONTACT: Marcie Martin, Next Inning Technology Research, +1-888-278-5515
SOURCE Indie Research Advisors, LLC