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Thursday, May 29, 2008

Marvell (MRVL) guides better

Revenues of 830-850mm, non-gaap gross margins of ~51%, better than consensus of 813mm and 49.4% respectively. Obviously EPS going higher. I'm offering my whole position at 16.6. Might regret it. Hope I have lots of times that I regret booking a 45% profit.

5:27pm: I'm out. Yay!

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