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Message Boards Settings Marvell Technology Group (MRVL) - Quote Info
Re: GOING TO the 20 DMA 14.94      4-Nov-09 01:40 pm    
sorry - ain't gonna happen, not based on stock fundamentals alone. Given how weak the stock has been after the morning surge, I added to my short position.

The only thing that can move the stock significantly up is a BIG stock buy back program. MRVL has too big a float. Also, MRVL will have close to $1.5B in cash by year end. If they announce a $2B stock buy back over 2 years then I will be a buyer.

Remember unlike BRCM which returns money to shareholders - MRVL is famous for stuffing their own pockets. Very unprofessional management at this company


Sentiment : Strong Sell
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o.investor


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  Subject Author Rating Time of Post (ET)  
 
FLYING!!!
dowjoni (1 Rating) 4-Nov-09 10:46 am  
 
Back over the 9 EMA at 14.21 max upside today 14....
dowjoni Rate it 4-Nov-09 11:31 am  
 
Re: GOING TO the 20 DMA 14.94
o.investor Not rated 4-Nov-09 01:40 pm  
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Marvell Technology Group Ltd. (MRVL)

Chart for Marvell Technology Group Ltd. (MRVL)
On Dec 4: 18.06 Up 1.53 (9.26%)
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