Today's Stock Market Victim: Marvell Technology - Ted Gottsegen

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Today's Stock Market Victim: Marvell Technology
Mar 24, 2008 05:58 PM UTC

Ted Gottsegen

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Symbol	Sentiment	Start	Return	Closed
MRVL		03/24/08	+17.03%	--

3/7 - "MRVL just reported a Q4 profit, and a 36% increase in revenue, and predicted sales of $775 million to $785 million for its fiscal 2009 fiscal first quarter...The Analysts wanted sales of $763.9 million, so they beat the Street but some analysts said it was "still a substantial drop from its strong 2008 fourth-quarter sales of $844.7 million". Come on now, are we just going to throw every decent tech company to the curb?"

"...let the stock take a beating then by next week make your move. This company isn't a fluke and neither was this latest earnings call, good things are ahead for Marvell."

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