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Insider Sells $56.7 Million of Marvell Tech

Posted: Mon Dec 15, 2008 8:14 am
by Apoptosis
Anyone remember Sutardja Sehat? He bought Marvell when Intel was selling it years back for $600 million... He just sold off $56.7 million of his own stock - http://www.thestreet.com/story/10453171 ... -tech.html

Wonder if that is a sign of something or if he just cashed some out.

Re: Insider Sells $56.7 Million of Marvell Tech

Posted: Mon Dec 15, 2008 11:17 am
by camaroguy1998
Apoptosis wrote:Anyone remember Sutardja Sehat? He bought Marvell when Intel was selling it years back for $600 million... He just sold off $56.7 million of his own stock - http://www.thestreet.com/story/10453171 ... -tech.html

Wonder if that is a sign of something or if he just cashed some out.
The next question would be how much stock does he have left?