Thursday, December 3, 2009

MRVL beats on Sales & EPS...NICE !!!!

MRVL Sales expectations were$770 million actual $803 million.... beat by $33 million

EPS expectations were 27 cents actual 31 cents .... beat by 4 cents

MRVL Bid $17.35 Ask $17.39

Guidance to be given @ CC @ 430PM EST

Looks very impressive after they pre-announced much higher than consensus !!!!

BLOG does NOT give buy or sell.

Saleem

4 comments:

Michael said...

Saleem,

I am still holding MRVL. Thanks for your comment before ER. Shorts are running for cover!

Michael

Stocks100 said...

Hi Michael,

I will hold MRVL for next ER...they are doing better than any semiconductor company....who earned 31 cents in semi??

I was actually happy that there was bearish bet...so better short squeeze....

Saleem

madmax said...

SALEEM

looks like MRVL wlil take off tomorrow

Cramer loves it and my
Amazon is still hot o says Cramer

He still love APPLE

go AMZN

Stocks100 said...

Hi Madmax,

MRVL will move based on ER which is obvious in AH Tape.

Analyst will upgrade MRVL .....

Good luck with AMZN !!!

Saleem