Marvell Technology Inc (MRVL)

[DJinNJ]

My 2 cents on earnings...

cbs, I pretty much agree with your calculations and assessment, although, I'm still not sure about the GM this qtr. (No worse than last qtr, and long term, it will be fine IMO).

I believe inthedark is correct that the overall market will be a big question, but with less then 3 weeks until earnings I'm not sure anything will be different (or really answered) from today.

CSCOs comments were a major catalyst to what happened this week and most were due to the financial sector and more importantly related to the business economy (vs consumer). I don't have the facts but I'm guessing that CSCO derives 70%+ from the business market while MRVL is probably 50% business and maybe 10% financial???

Put this all together and I think (IMO), that we stay flat (+/- .25) into options expiration and after that move just over $18 going into the earnings call and close to $19 after the call.

HP's ER on 11/19 and TGT's on 11/20 could shed some light on the economy for tech and retail so I hope we DON'T hear anything bad from either these two.

...at the end of the day, I think this ER call will be better in every aspect compared to the last one (giving us the slight boost in SP) but, we're still at the mercy of the overall economy going forward.

Thanks,
DJ