Been a long time since I've checked back here, as LSI made me money and then got mostly out of the sector I knew best. Regardless, from what I'm hearing the Marvell patent infringement case, see here: http://seekingalpha.com/article/1088181-marvell-lawsuit-don-t-worry-it-gets-worse
Is very bad news for Marvell, potentially reducing the hdd controller market to LSI alone. I'm not in at the moment, but for anybody long, this would seem to have some great short term potential benefits. Witness the rise today. Obviously, Marvell will try to draw this out as long as possible, but from what I've heard and read, there is little chance of Marvell seeing this overturned.
Don't any industry watchers follow this stock anymore? Maybe not... Just wondering if anybody had an opinion on what the premium of the Marvell decision might be. Personally, I doubt LSI gains much in terms of short term orders, as the last thing any of retail suppliers want to do is revert to single sourcing. But still, in the 12 to 18 month time frame this looks like a potential bump of up to 30 to 40 percent in revenue for LSI from the controller/SAS phy market. I'ld assume someone else would come along in the interim (18 month time frame), but that still represents a potential huge bump in LSI's long term revenue. Up 7% in AH trading today. I would think at least 8.50 ???
A conversation with myself... probably not a good sign... Regardless, I can't believe LSI lost half of its gain from yesterday. Your primary competitor suffers a potentially company ending legal setback and you can't even maintain a 5% bump. Sheesh, the market hates LSI; I would think not even AT could screw this one up.