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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Techplayer who wrote (6395)	10/11/2002 12:41:15 PM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 57110

what the hell happened to MRVL? 10:59 ET MRVL Marvell defended by Wachovia (13.50 -2.33) Stock has sold off this morning after the co announced they would sell their own "Yukon" Gigabit Ethernet controller as a result of amending their product development agreement with INTC; Wachovia says this confirms their view that INTC is coming to market with its own G.E. controller product sooner rather than later, but that INTC does not have a competitive G.E. controller today; expects MRVL to partner with other high-volume players in the mkt, and to see improving gross margins as a result of an "all MRVL" G.E. controller.