With regard to canceling the investment conferences, I'm beginning to think Sehat realized it would not be a good PR move with the current management team.
I think most of us agree that the last cnf call was a PR disaster. The numbers were not that bad and the items that were questionable were handled so poorly that red flags went up all around.
As for the MBO / LBO idea, I would love to see it happen, but I do not think so. I have not researched if MRVL has a poison pill in place and to how it would come into play on a LBO, but there is a good chance that an unfriendly LBO wouldn't happen. (especially if options vest)
IMHO, I think Sehat will (maybe he already has) hire a CEO to run this company before any other course of action. I'm looking for this to happen before the shareholders meeting. I'm leaning towards one of the ex AMDers, maybe #1-Henri Richard or #2Dave Orton.
I'll be watching closely to see who is named as CFO. This might make me change my mind if he/she is an M&A "specialist".
S2 great to see you are holding in here! We really do need you!
Thanks,
DJ