Marvell Technology Inc (MRVL)

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09:11 MRVL Marvell: BWS Financial believes that there remains a good possibility of MRVL beating the consensus for the quarter (11.14 )

BWS Financial notes the market decline over the past few weeks has pushed shares of MRVL not seen since 2004. Firm notes co has a more diversified business than four years and all segments continue to show positive traction. There are concerns with MRVL having the ability to post sequential earnings growth in the first half of 2008. Currently, the storage, communication, and phones business are doing well to lead firm to believe that there remains a good possibility of MRVL beating the consensus. The quarter ends at the end of January for MRVL giving the Street some insight into the possibility of the quarter when MRVL's customers report fourth quarter results later in the month.