When the CFOs keep running from the company, that means there is a problem... Marvell is not a public company, its a family owned business. Until, the family leaves, there is no hope for the company. I bought MRVL shares at $50 in 2006, its now $7 (after 2:1 split). I will definitely make a bet against them (short'em).
And if you're going to war, you really would want Weili on your side. That woman is a force to be reckoned with, and she doesn't give up.
To Weili and her husband, Marvell is more than a company, it's a family business, and like many family businesses in the US today, it faces some tough times, but because it's so close knit, I certainly wouldn't underestimate its potential to batten down the hatches and pull through.
Never kick an underdog... you might live to regret it.
With all due respect, I actually liked what Weile said when I asked her about RIM.
If I were a system vendor, I wouldn't like my parts supplier publicly going against me.
I thought it was honorable for Weili to say, "You should know that I go to the war for my customer."
Marvell is practically controlled by a woman and her clones. This is not what a long-lasting public company should be run. Just this comment along should make any reasonably intelligent investor and analyst chilled: "I am confident that RIM will be leading the pack with its enterprise software capability"!
I met a former Marvell board member earlier this year. He said its a real problem that nearly half of Marvell's revenues are tied up in HDDs.
Sure HDDs will be around forever but its a slow growth market. Flash is the big growth market.
Marvell is not nearly positioned as diversely or well as it needs to be, not nearly as well as Broadcom already is.
I think the analyst who suggested Marvell should drop out of the HDD market is a moron. The HDD market is a cash cow of significant profits for those involved and has a high technological barrier to entry. Marvell probably is able to use that cash as needed to move into other potential markets.
And the unnamed Chinese sources are questionable. Most people won't buy a smartphone if its battery life sucks. I feel Apple beat Nokia because Steve Jobs recognized this and focused on the end user experience. I personally don't see much advantage above dual core processors since most software is unable to take advantage of it.
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