DALLAS, July 8, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Netlist Inc. (Nasdaq:NLST). The report includes financial, comparative and investment analyses, and recent company news that you need to know to make an educated investment decision.
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The full report is available at: http://www.microstockprofit.com/lp/NLST
The MACD for NLST currently indicates a strong bearish signal for two reasons. First, the MACD is below the signal line, a 9-day moving average. Second, the MACD is below the critical level of zero, which implies that the underlying moving averages are trending lower.
Netlist Inc. (NLST) designs, manufactures and sells memory subsystems primarily for the server, high-performance computing and communications markets. The Company's memory subsystems consist of dynamic random access memory integrated circuits (DRAM ICs), NAND flash memory (NAND) and other components assembled on a printed circuit board (PCB). The Company also designs custom semiconductor logic devices, which are integrated into its memory subsystems. Net sales to the two customers: Dell and Hewlett Packard, represented approximately 90% of the Company's net sales during the fiscal year ended January 3, 2009 (fiscal 2008). Net sales to some of its original equipment manufacturer (OEM) customers include memory modules that are qualified by NLST directly with the OEM customer and sold to electronic manufacturing services providers (EMSs), for incorporation into products manufactured exclusively for the OEM customer.
Message Board Search for NLST: http://www.boardcentral.com/boards/NLST
In the report, the analyst notes:
"Revenues for the first quarter ended April 3, 2010, were $7.9 million, up 265% from revenues of $2.2 million for the first quarter ended April 4, 2009. Sequentially, revenues improved 17.8% from the $6.7 million in revenues for the fourth quarter ended January 2, 2010.
"Shares of NLST vaulted up 19% to $2.78 on Wednesday after the company announced that Dell Inc. has qualified its memory-based subsystem for use in the PC-maker's servers. NLST's NetVault NV would help Dell servers recover and retain data for weeks in the event of data-center power failures. Dell has also selected NLST's battery-backed module, NetVault BB, to hold memory data."
To read the entire report visit: http://www.microstockprofit.com/lp/NLST
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