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.

From other sites
Comments (1)
  • 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
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs