SOURCE: World Street Fundamentals

October 10, 2011 09:00 ET

Analyst View, Impact of Global Events - Research Report on Cirrus Logic, Inc. and NetSol Technologies Inc.

HONG KONG--(Marketwire - Oct 10, 2011) - Today, www.WorldStreetFundamentals.com released its industry report highlighting Cirrus Logic, Inc. (NASDAQ: CRUS) and NetSol Technologies Inc. (NASDAQ: NTWK). Full fundamental and technical analysis is available at www.WorldStreetFundamentals.com/Reports.php?id=CRUS+NTWK.

Short-term outlooks within US and global economies continue to adjust downward, as US Treasury yields touched their lowest levels in over 65 years. International Monetary Fund downgraded estimates for US growth by 1.0% this year, down from 2.5%. 'Significant downside risks' to the US economy were confirmed by the Federal Reserve pressured by 'strains in global financial markets.'

As the US dollar trades above an eight-month high against the Euro, it highlights a deepening of the Eurozone sovereign debt crisis - furthered by continued policy inaction from European governments. We expect continued volatility until economic data stabilizes and we see decisive policy action to deal with the Eurozone debt crisis.

Our members are preparing for a turn in tides. Currently, the Credit Suisse Risk Appetite Indicator is at a 30-year low. For the past three occurrences, this level has acted as a leading indicator of large stock market rallies 18 months following.

World Street Fundamentals has highlighted Cirrus Logic, Inc. for its current position within the technology industry. Cirrus Logic, Inc. (Cirrus Logic) develops high-precision, analog and mixed-signal integrated circuits (ICs) for a range of audio and energy markets. Building on the Company's diverse analog mixed-signal patent portfolio, Cirrus Logic delivers products for consumer and commercial audio, automotive entertainment, and targeted industrial and energy-related applications. The entire report on Cirrus Logic, Inc. (NASDAQ: CRUS) is available here: www.WorldStreetFundamentals.com/Report.php?id=CRUS.

World Street has featured NetSol Technologies Inc. for its development within the technology industry. NetSol Technologies, Inc. (NetSol) designs, develops, markets, and exports software products to customers in the automobile finance and leasing, banking, healthcare, and financial services industries worldwide. The Company also provides system integration, consulting, information technology (IT) products and services. The entire report on NetSol Technologies Inc. (NASDAQ: NTWK) is available here: www.WorldStreetFundamentals.com/Report.php?id=NTWK.

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