PRINCETON, N.J., Sept. 13, 2004 (PRIMEZONE) -- Next Inning Technology Research (http://www.nextinning.com), formerly The pmcw Report, a subscription service focused on semiconductor and technology stocks, announced today that it has provided to members a special report entitled "Q2 State of Technology Inventory Levels."
"Q2 State of Technology Inventory Levels" investigates the five "forces" that contributed to the rise in certain inventory levels during Q2 and analyzes over 50 different companies across eight sectors, including Broadband Semiconductors. Companies with exposure to this sector include Applied Micro Circuits (Nasdaq:AMCC), Broadcom (Nasdaq:BRCM), PMC-Sierra (Nasdaq:PMCS), and Vitesse (Nasdaq:VTSS), among other companies.
The report, a $149 value, is available free to new subscribers who sign up for a free thirty-day trial subscription to Next Inning Technology Research at: https://www.nextinning.com/subscribe/index.php?refer=zone4
"Most broadband vendors use outside fabricators and the bulk of their sales is in highly complex (expensive) parts. This means the sector does not have the volume to leverage foundries and, to a certain extent, needs to buffer potential supply constraints (defensive inventory)," Paul McWilliams, editor of Next Inning Technology Research, writes in the report.
"In other words, broadband semi houses tend to beef up stock when they sense lead times at fabricators will grow. We feel this contributed to the significant inventory increase we observed in Q2."
In his analysis, McWilliams also reveals the secrets of a proprietary leading indicator related to the Inventory to Sales ratio. McWilliams illustrates how following this indicator since 1999 would have returned 249% versus a -21% loss for the Nasdaq over the same timeframe.
Founded in September 2002, the Next Inning's model equity portfolio has returned a staggering 209%, well outdistancing the Nasdaq's 43% gain over the same period.
Technology investors can sign up for a free thirty-day trial to Next Inning's service, including access to the "Q2 State of Technology Inventory Levels" special report, by clicking here: https://www.nextinning.com/subscribe/index.php?refer=zone4
About Next Inning Technology Research
Next Inning Technology Research, formerly the pmcw Report, 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.