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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Nick who wrote (146850)	1/29/2002 1:40:54 PM
From: GraceZ	of 436258

From Briefing: 13:01 ET Marvell is the latest to come under attack (MRVL) 42.20 -2.49: Traders getting blood-thirsty for accounting-related targets; MRVL is the latest to be under attack. Though there are no specific accounting issues being cited, it appears the stock is being targeted due to its Bermuda headquarters (resulting in unclear US tax status) and operations in Israel (via the Galileo acquisition) and Singapore, both of which enjoy special tax status. Perhaps encouraging the attack on MRVL are several negatives: large insider selling in recent months, a particularly embarrassing lawsuit filed by prior acquisition target Jasmine, and a rich valuation

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