Marvell Technology Inc (MRVL)

[Lakers_w]

"MRVL's ability to integrate several processors' functionally into one chip should help the company gain new customers as is evidenced by the winning of Apple's iPhone", UBS said.

This dovetails well with my research. MRVL story is about pending major product upgrade cycles. Don't miss the wave.

Think $50 MRVL content per iPhone II times 15 MM units/yr at high GM. The only thing that weighs down this stock is HDD biz which is now turining corner due to 2H seasonality. Look for STX forward guidance in ER CC next week.

DOn't forget that MRVL has huge design wins in flash controllers, Flash cache ITM/Robson as well to supplement HDD biz.