Marvell Technology Inc (MRVL)

[SyndicateTwo]

Remember what I said about KLAC- it took them 7 months and May is exactly 7 months for MRVL since they announced they'd have to do this in Oct.

That tells me we're due.

After hours it's falling apparantly due to Cramer saying he can't support it until they clear up the options mess. Fair point.

But after hours has nothing to do with reg hours and if that's the only reason it's at $16.50 AH, then fine. Because BRCM's report you'd think would have brought MRVL down also. But BRCM's PE now is well over 50. MRVL around 30. Actually, MRVL should be lower due to current EPS we don't know about.


BRCM could trade back to the high $20s. If so, buy buy buy.