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Marvell Technology Group, Ltd. (MRVL) [hlAlert]

Rating:
Hold MRVL

Marvell Technology Group, Ltd. (MRVL) rated Hold

Posted on: Wednesday,  Aug 29, 2007  1:25 PM ET by Wedbush Morgan

Marvell (MRVL)
Hold by Wedbush Morgan.

Marvell Technology is a leading designer, developer and supplier of mixed-signal and digital signal processing integrated circuit for high-speed, high-density, digital data storage and broadband digital data networking markets. The company's goal is to continue to support its customers in providing faster, better solutions to meet their customers' needs for increased bandwidth as communication solutions evolve. The company meets this goal with state-of-the-art chip solutions that enable data transfer in data storage devices and networking applications.

Since 1980, WEDBUSH has used its private equity discipline to invest in under-valued and capital constrained public and private companies that have a significant potential for appreciation. The firm invests with high quality management teams with domain expertise and expects management to retain or make a personally significant equity investment.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/29/2007 1:25 PM Hold
None
15.90
as of 12/24/2008
1 Week down  -0.09 %
1 Month up  14.27 %
3 Months up  54.22 %
1 YTD up  56.07 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/10/2007 11:25 AM Hold
None
18.80 16.00
7/3/2007 11:25 AM Hold
None
18.08 15.00

(*) Stock Price at the time of the recommendation.
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