Marvell Technology Inc (MRVL)

[cbs13]

imo - nothing more than an oversold bounce

with short covering, and perhaps some nippling by insitutions.
This is why the stock is up 12% today. Nothing more.

Rambos hit it on the head - with an earlier post about MRVL being on their 3rd CFO in less than one yr.

Too many other quality stocks that can be bought on the "Cheap" other than MRVL.

For example - from a PPS standpoint only with this caveat

MRVL at 11.85 with a few hundered million in cash or
INTC at 20ish with a few billion in cash

MRLV gets a majority of its rev from 4 customers - RIMM being one them - if they (RIMM) have a slowdown or guides lower similar to AAPL - MRVL will trade in the single digits for a long time.
MRVL does not have enough of a diversified customer base to substain a slow down from a major customer.
Where do they (MRVL) turn to - to make up the short fall.