BOSTON, March 19, 2004 (PRIMEZONE) -- The pmcw Report (http://www.pmcwreport.net/), a financial newsletter service published by twenty-year technology veteran, Paul McWilliams, announces additions to its regularly updated investment ideas area. McWilliams was also named by SmartMoney as one of the thirty most influential people in investing.
Started in September 2002, the pmcw Report's model equity positions have returned a staggering 339%, well outdistancing the Nasdaq's 51% gain over the same period. Since January 1st, 2004, the report's equity positions have gained over 22%.
McWilliams said that investment ideas were "stocks that we haven't yet felt comfortable making a pmcw focus stock and adding to our model portfolio; but, we're familiar enough with the big picture and their markets to discuss our impression of the company and (in most cases) provide what we feel is a reasonable fair value target."
The majority of the companies covered in this update are from the tech sector. They include familiar names such as Atmel (Nasdaq:ATML), Fairchild Semiconductor (NYSE:FCS), Vitesse (Nasdaq:VTSS), Broadcom (Nasdaq:BRCM), Linear Technology (Nasdaq:LLTC), Marvell (Nasdaq:MRVL), Microchip (Nasdaq:MCHP), Qualcomm (Nasdaq:QCOM), Xilinx (Nasdaq:XLNX), PalmSource (Nasdaq:PSRC), 3Com (Nasdaq:COMS), Oracle (Nasdaq:ORCL) and Lattice Semiconductor (Nasdaq:LSCC), O2Micro (Nasdaq:OIIM), Intel (Nasdaq:INTC), Adobe (Nasdaq:ADBE), LSI Logic (NYSE:LSI). Each stock is discussed and reasons are provided for either bullish or bearish stance. McWilliams also discusses whether his vision is long or short-term and his opinion for good entry or, in the case of bearish calls, exit prices.
In a comprehensive report published to his members last week, McWilliams also expressed his opinion on UTStarcom (Nasdaq:UTSI). In his report he looks at the converging forces of urbanization in developing countries like China and the trend for mobility and what these trends may mean for UTStarcom's bottom line. He also reviews company's current financial status, quantifies future opportunities, and provides his "fair value" price for accumulation.
When asked about the current market action, McWilliams said the following, "I feel the financial markets are misreading the convergence of news. I feel the Q1 semiconductor reports that will start hitting the street during the week of April 12th, will be generally strong and Q2 guidance will be above current expectations. Unless there's some wildcard geopolitical event, these should give the financial community some reassurance the semi-cycle has quite a ways to go before it peaks." However, McWilliams warns, this doesn't mean there won't be losers.
Those interested in reading his detailed reports on the above companies and receiving his detailed buy and accumulate ranges for all focus stocks can sign up for a free thirty-day trial to his service: http://www.pmcwreport.net/join.php3?refer=PZ27
About the pmcw Report
The pmcw Report is a newsletter managed by technology veteran Paul McWilliams and RagingBull.com founder Rusty Szurek. Members enjoy daily postings and a model portfolio.
To learn more please visit: http://www.pmcwreport.net/join.php3?refer=PZ27