2013/2/21 - Leading Tech Analyst Updates Outlooks for Nokia, Corning, Harmonic, Towerstream and Cypress

Editor Paul McWilliams spent a decades-long career as a senior executive in the technology industry and has earned a reputation for his skill in communicating complex technology trends to individual investors and professional analysts alike. His reports have won over readers with their ability to unravel the complexities of the industry and, more importantly, identify which companies are likely to be the winners and losers as technology trends change. 

Each quarter, Next Inning publishes weekly earnings previews covering dozens of technology stocks, giving investors both long-term and short-term opinions to help shape their investment strategy.

Among the stocks where Next Inning was positive ahead of Q4 earnings so far were Cree (up 33% year to date), PMC Sierra (up 26% year to date), QLogic (up 21% year to date) and Skyworks (up 16% year to date); he was bearish on Cypress (down 6% year to date).

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Topics discussed in the latest reports include:

-- Nokia: McWilliams presented a bright outlook for Nokia in both his Q3 and Q4 "State of Tech" reports, specifically citing that Wall Street seemed to be ignoring the company's budding success with its new smartphone strategy.  With Nokia now trading 150% above its 52-week low, has a turnaround at the company taken hold?

-- Corning: Could the rumor that Apple is making a curved-glass wristwatch be a driver of new business for Corning? Is Corning undervalued at current levels? Should investors consider adding shares here?

-- Harmonic:  Is Harmonic's move to sell its cable access business to Aurora Networks a positive development for investors? Are there signals that Harmonic management believes its shares are undervalued? What two new products and deployment trends by customers could drive significant revenue growth for Harmonic during the next two years?  What is McWilliams' price objective for Harmonic during the second half of 2013?

-- Towerstream: Why did Towerstream shares move sharply lower in yesterday's trading?

-- Cypress: In his Q4 2012 State of Tech report, McWilliams warned readers that the near-term outlook for Cypress was not very good.  Does Cypress' new manufacturing agreement with DRS Technologies boost the potential upside for the company?

Founded in September 2002, Next Inning's model portfolio has returned 238% since its inception versus 67% 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

SOURCE Indie Research Advisors, LLC