Qualcomm Inc (QCOM)

[khemara_qc]

Next Inning Technology Research Provides Updated Outlooks for
Marvell Technology, Texas Instruments, QUALCOMM and PMC-Sierra

http://quote.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=QCOM:US&sid=aW1dqK...

PRINCETON, N.J., April 4 /PRNewswire/ -- Next Inning Technology Research ( http://www.nextinning.com ), a subscription service focused on semiconductor and technology stocks, announced today that it has provided to members updated analysis of communications semiconductor stocks, including coverage of Texas Instruments (NYSE: TXN), PMC-Sierra (Nasdaq: PMCS), Marvell Technology (Nasdaq: MRVL) and QUALCOMM (Nasdaq: QCOM).

Next Inning Technology Research editor Paul McWilliams provided members with his most recent Strategy Review, commenting on the outlook for technology stocks over the short and medium terms.

"With tech shares largely beaten down this year, it seems logical to expect a rally of some degree going into earnings. While we think earnings are going to be broadly at or above the consensus estimates, we believe what we've termed as 'valuation consternation' will be a stronger force. This means we think investors will be fearful of holding stocks that are trading at significant valuation premiums," McWilliams wrote.

McWilliams' analysis looked at the following company-specific topics, among others:



-- Rumors of "a bonus" coming at Marvell Technology from one of the
company's product lines and a look at how the company's quarter is
shaping up.
-- Why McWilliams sees QUALCOMM and Texas Instruments as two distinctly
different plays within the wireless sector.
-- What to expect from Q1 sales of CDMA phone chips and why this may
create an opportunity in QUALCOMM.
-- How recent telecom acquisitions may affect PMC-Sierra's current
quarter.

To read Next Inning's complete commentary and its latest coverage of the above companies, sign up for a 30-day complimentary trial. You'll also receive free access to Next Inning's latest "State of Tech" report, a $149 value:

https://www.nextinning.com/subscribe/index.php?refer=prn52

Founded in September 2002, Next Inning's model portfolio has returned 252%. In 2005, its equity positions have returned nearly 6% versus a loss for the NASDAQ.

About Next Inning Technology Research

Next Inning Technology Research is a subscription financial newsletter focused on technology stocks. Editor Paul McWilliams is a 20+-year industry veteran.

NOTE: This release was published by F.P. Real Ventures I, 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, [phone]

SOURCE F.P. Real Ventures I, LLC

CONTACT: Rusty Szurek, Next Inning Technology Research, [phone]- Apr/04/2005 20:41 GMT

Last Updated: April 4, 2005 16:41 EDT
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