RBAK Redback Networks

PRINCETON, N.J., July 12 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com/), a subscription service focused on semiconductor and technology stocks, has published its State of Tech Report, updating its outlook for Redback Networks (NASDAQ:RBAK), Tellabs (NASDAQ:TLAB), KLA-Tencor (NASDAQ:KLAC), and TSMC (NYSE:TSM), among others. New subscribers will also receive Next Inning's Q2 State of Tech report, a $149 value, free when they sign up for a complimentary 21-day trial subscription to Next Inning. In its entirety, Next Inning's Q2 State of Tech report is nearly 100 pages chock full of charts, tables, and actionable investment commentary: https://www.nextinning.com/subscribe/index.php?refer=prn293 In the report, Editor Paul McWilliams wrote: "Wall Street is terribly confused by the cyclical dynamics of the semiconductor fabrication sector. While it's true that the sector entered a technical down-cycle in Q1 2005 that ended up running through Q3 2005, the down-cycle was driven by unfavorable inventory imbalances in the forward channels rather than softening consumption by end users of the integrated circuits or a measurable increase in capacity that outstripped demand. Due to this, I alerted members last year that the cycle would flip back to positive in relatively short order." McWilliams looks at these topics: -- Redback has doubled over the last year. Does McWilliams think there is still an opportunity to buy the stock? -- At what price would McWilliams consider adding shares of Tellabs? -- In his June State of Tech report, McWilliams said KLA-Tencor would likely top Q2 estimates and was a good value when trading in the low- $40s. What are his thoughts about stock-option backdating at KLA? -- What sets TSMC apart from other semiconductor fabricators? Founded in September 2002, Next Inning's model portfolio has returned 233% since its inception versus 66% for the Nasdaq. About Next Inning: Next Inning is a subscription financial newsletter focused on technology stocks. Editor Paul McWilliams is a 20+-year industry veteran. NOTE: This release was published by Indie Research Advisors, LLC (CRD #131926), a registered investment advisor with the NASD and State of NJ. 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: Rusty Szurek, Next Inning Technology Research, +1-888-278-5515 DATASOURCE: Indie Research Advisors, LLC CONTACT: Rusty Szurek, Next Inning Technology Research, +1-888-278-5515 Web site: http://www.nextinning.com/

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