Marvell Technology Group {MRVL} Message Board

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Technology Stocks : Marvell Technology Group {MRVL}

MRVL 87.65

-3.0%

3:59 PM EST

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To: mike thomas who wrote (97)	10/4/2001 5:40:40 PM
From: tech101	Read Replies (1) of 162

This is truly an interesting company registered in Bermuda. The stock went up from about 12 to 20 in just 2-3 days. It makes only $215 million revenue and hold same amount of cash but claims $2.3 billion market cap -- worth more than PMCS, VTSS, AMCC, Conexant (CNXT), and Cypress (CY), all of them are better-known in the industry with several times higher revenue than MRVL's. It's is a miracle under the current market condition. We know little about Marvell. Samsung, Seagate, Hitachi, Toshiba, and Fujitsu are their biggest customers, mostly making storage devices. It only has 743 employees with Israel background. But where are their office and operation located? Does any one know any new development, and can explain why MRVL is worth so much? Thanks in advance.

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