Seeking Alpha
  • Ashraf Eassa
    $AMD call wasn't that bad, but it's clear it needs to lessen dependence on $PCRFY.OB. $INTC too strong.
    10/18/12
    Reply (25)
    • Julius Ferraro: How about your MRVL call? Its down 10% ah
      10/18/12
    • Sal Marvasti: I went from sell bias to hold. " Our semi-custom APUs already have a number of confidential high-volume design wins in place."
      10/18/12
    • Sal Marvasti: Confirmation of Sony or Microsoft next gen win.
      10/18/12
    • Ashraf Eassa: @ Julius, I means the conference call. Yeah, Marvell warning sucked.
      10/18/12
    • Julius Ferraro: Does it change your view on the company?
      10/18/12
    • Ashraf Eassa: On AMD or Marvell?
      10/18/12
    • Julius Ferraro: MRVL
      10/18/12
    • Ashraf Eassa: I think the valuation now is ridiculous but not completely unjustified.
      10/18/12
    • Ashraf Eassa: SH friendliness is good, but we need a path to growth. Apparently SSD controllers, TD-SCDMA phones, and networking isn't enough.
      10/18/12
    • Sal Marvasti: When I did more research, is it correct that Mrvl is sitting on cash nearly as much as its market value or is yahoo finance wrong?
      10/19/12
    • Ashraf Eassa: Marvell is sitting on $2.1B in cash as of the last report. Now nearly 50% of its market cap.
      10/19/12
    • Ashraf Eassa: (47%, to be exact)
      10/19/12
    • Sal Marvasti: how does that compare to nvidia?
      10/19/12
    • Sal Marvasti: which one is cash, there are also long term investments which I consider as cash equivalent.
      10/19/12
    • Ashraf Eassa: Cash + long term investments in the latest balance sheet statement. $2.1B is the number. $NVDA has $3.28B of cash + investments
      10/19/12
    • Ashraf Eassa: * investments <-- marketable securities, not long term.
      10/19/12
    • Sal Marvasti: my suggestion Sell NVidia before it drops 10-20%. If you revalue NVIDIA with Mrvl, you will see what I meant when I will wait.
      10/19/12
    • Sal Marvasti: I confused asset value with cash, but Marvel has assets that equal its market value.
      10/19/12
    • Sal Marvasti: they both look cheap long term still.
      10/19/12
    • Sal Marvasti: Mrvls Goodwill iskilling it. 2,031,991 2,004,833 1,997,662 what did marvell buy that required addition to goodwill?
      10/19/12
    • Ashraf Eassa: I generally buy protective long dated puts for my larger positions. I am too paranoid not to.
      10/19/12
    • Ashraf Eassa: So I have no plans to actually sell my shares of $NVDA.
      10/19/12
    • Sal Marvasti: how much was the premium? I can;t buy puts on american stocks using my broker.
      10/19/12
    • Sal Marvasti: and what is the strike?
      10/19/12
    • 1980XLS-2.0: AMD is toast.
      10/19/12