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EZchip (EZCH +2.6%) had a roller-coaster ride after Kerrisdale Capital issued a report voicing...

EZchip (EZCH +2.6%) had a roller-coaster ride after Kerrisdale Capital issued a report voicing concerns about Broadcom's (BRCM) entry into the carrier network processor market, arguing the company's ability to offer an end-to-end solution for line cards gives it an edge. Kerrisdale also warns of competition from Marvell's (MRVL) Xelerated unit, and argues EZchip's NPS processor will be at a manufacturing disadvantage relative to private Netronome. Shares rebounded after Feltl defended EZchip, asserting Broadcom's chips are handicapped by a lack of an integrated traffic manager, and noting Cisco and ZTE will use EZchip's NP-5 processor.
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  • flopwedge
    , contributor
    Comments (3) | Send Message
     
    Seems like there was nothing going on in the mkt in EZCH right at the opening....only 1600 opened, down 2 cents..........then with in a half hour, 150,000+ shs had traded ,down about a point....then before the mkt was open 45 mintues, 475,000 had traded down 1.56+.....THEN, of all things a report came out from Kerrisdal Capital......a very bearish report..............go figure. Timing is everything is life , isn't it???.
    12 Mar 2013, 07:00 AM Reply Like
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