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Marvell Technology Group Ltd. Message Board

  • al_la_ca Nov 18, 2006 5:30 PM Flag

    Book Value

    I just listened to the latest conference call, and the CEO stated that the shares are currently below book value. The CEO was stated that the company is extremely undervalued based upon it's assets and future potential. The company is looking into a share buybacks. I think we already reached a floor and there is no place but up from here. That is why the Dec 30 Calls are on fire. I recommend buying all you can up to book value. The CEO stated that book value is $34 a share. Hang in there, you will be rewarded soon.

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