Next Inning Technology Research (http://www.nextinning.com) announced it has updated outlooks for SanDisk, PMC-Sierra, Entropic Communications, Blue Coat Systems, and VMWare.

In a series of reports released in March, Editor Paul McWilliams advised readers it was time to buy specific tech stocks. All of his selections went up with some nearly doubling. Realizing the highs we were seeing in mid-May were unlikely to hold, McWilliams released a special report as the markets were peaking that month suggesting to his readers it was time to take some profits or at least hedge long positions with covered calls. Now that prices have declined, sharply in some cases, the big question on investors' minds is whether it’s time to jump back in. In a series of special reports coving roughly 70 of the most dynamic tech companies in the world, McWilliams presents both the data and his opinions on which stocks to buy and which to avoid. Click the link below to read his updated thoughts and enjoy a 21-day free trial of Next Inning:

In response to a subscriber's question, McWilliams wrote: “I think the change in VMWare's guidance, in and of itself, had a minimal impact on the stock in comparison to it being a wakeup call to the relatively high valuation the stock was still holding and the concern stirred by the news of a CEO change. While the new CEO certainly has sterling credentials, which is likely exactly what VMWare needs at this stage versus entrepreneurial leadership, a change of this nature, particularly when coupled with even a modest lowering of expectations, creates uncertainty...”

McWilliams also looks at these topics:
McWilliams is well known for his bearish view of memory manufacturers. However, in his special State of Tech report he advised readers that there are reasons to think differently about SanDisk at this juncture. What does he see that he thinks Wall Street is missing?

Is PMC-Sierra threatened by Broadcom's moves into the GPON market? Does McWilliams believe Wall Street has overreacted and there is reason to buy at PMC-Sierra at its currently depressed price? How does he think Entropic will be impacted by Broadcom's new GPON product that includes a MOCA interface?

Is a risk-averse Wall Street overly discounting Blue Coat and ignoring the track record of Blue Coat’s management?

Has VMWare's plunge opened up a buying opportunity for investors? Are there other players in the virtualization space McWilliams think investors should consider ahead of VMWare?