Marvell Technology Group {MRVL} Message Board

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Technology Stocks : Marvell Technology Group {MRVL}

MRVL 90.96

-2.5%

Nov 7 9:30 AM EST

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To: Goldbug Guru who started this subject	6/3/2001 11:58:01 AM
From: PATIENT-DISCIPLINED	Read Replies (1) of 162

Any thoughts on this move down to a low of 23.74 on 6/1, a 36%* retracement of the move from 7.93 to 32.75, would be appreciated. Has anything changed in the fundamentals for MRVL? Is this just a normal pullback, possibly to the 50 day moving average at apx. 21.38 like has been evidenced in other stocks that have gone up 300 to 400% from their lows like Brocade (BRCD) and Emulux (EMLX)? Thanks. * 32.75 - 7.93 = 24.82 32.75 - 23.74 = 9.01 9.01 / 24.82 = .36 or a 36% retracement.

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