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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (47918)	5/21/2010 11:26:42 AM
From: Donald Wennerstrom	2 Recommendations Read Replies (1) \| Respond to of 95465

May 21, 2010 9:54 AM Marvell Rallies On Q2 Guidance Posted by Alexander Eule Marvell’s (MRVL) first-quarter results beat estimates, but the stock is rallying today more likely on second-quarter guidance figures that company offered on its conference call last night. The chip maker said it expected Q2 revenue of $900 million to $930 million and non-GAAP EPS of 38 cents to 43 cents. Analysts had been expecting $865 million and 36 cents. On the call, Chairman and CEO Sehat Sutardja said that “customer demand and interest for our latest products has never been better.” Marvell shares are up 8.4%, or $1.50, today to $19.34.