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HLIT Harmonic Inc

11.09
0.00 (0.00%)
Pre Market
Last Updated: 10:50:08
Delayed by 15 minutes
Share Name Share Symbol Market Type
Harmonic Inc NASDAQ:HLIT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 11.09 11.09 11.30 10 10:50:08

NI Technology Updates Outlooks on Cree, RF Micro Devices, Harmonic and Vitesse

12/08/2009 4:10pm

PR Newswire (US)


Harmonic (NASDAQ:HLIT)
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PRINCETON, N.J., Aug. 12 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com/), an online investment newsletter focused on semiconductor and technology stocks, announced it has updated outlooks for Cree (NASDAQ:CREE), RF Micro Devices (NASDAQ:RFMD), Harmonic (NASDAQ:HLIT) and Vitesse Semiconductor (Other OTC: VTSS). Last January when Cree was trading in the mid-teens, McWilliams advised his readers that Wall Street was totally missing the story. In a special report, he wrote that not only was the then current $0.41 consensus for fiscal 2009 (ended in June 2009) earnings more than 50% too low, he stated without caveat that fiscal 2010 earnings would come in at nearly twice the then current consensus. As we now know, Cree reported earnings of $0.66 for its fiscal 2009, guided for earnings between $0.21 and $0.23 for fiscal Q1 2010 (calendar Q3) and stated its backlog was at an all-time high. To read more about Cree, including McWilliams special report, "Lighting the Way With Cree," please click the link below to take a free, no obligation, 21-day test drive with Next Inning. With this you'll receive in-depth coverage of the tech industry from wafer fabrication to finished goods as well as upcoming special reports covering the hot spots in the new green tech economy and the emerging market for smartbooks and tablet computers. https://www.nextinning.com/subscribe/index.php?refer=prn860 McWilliams covers these topics and more in his report: -- What is McWilliams new target for Cree's fiscal 2010 earnings and what does he think represents a fair value for the stock? -- What is driving interest in Harmonic today? Does McWilliams view Harmonic as a strategic investment or just another speculative play? -- McWilliams advised Next Inning readers to consider buying RF Micro Devices when it was trading in the mid-twos. With the stock nearly double that today, does he think investors should hold, buy more, or take profits? What is the fair value range for RF Micro? -- With a huge pile of debt coming due later this year, what are McWilliams thoughts about the fundamental performance of Vitesse? Founded in September 2002, Next Inning's model portfolio has returned 204% since its inception versus 11% 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 DATASOURCE: Indie Research Advisors, LLC CONTACT: Marcia Martin, Next Inning Technology Research, +1-888-278-5515 Web Site: http://www.nextinning.com/

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