uncertain. it is widely recognized that they are getting killed in all their main business segments and revenues are declining precipitously. the major silver l

uncertain. it is widely recognized that they are getting killed in all their main business segments and revenues are declining precipitously. the major silver lining was that their cash position would their cash and income streams to aggressively buy back stock to keep the share price higher even as they downsized their business. guess what, their cash hoard is more than halved today alone. that brings shareholder equity to 3.4 (taking a straightforward look at the balance sheet) and cuts cash on hand by over 50%. And it could get worse if the judge increases the fine. that means less for buybacks. working our way down their balance sheet, we see that 2 bil of the equity is in goodwill. this is usually overpayment for acquisitions and other pretty illiquid assets that don't fetch much value (high level generalization) so lets take that out just to be safe. you have a company with shareholder equity of 1.4 billion in a shrinking market with earnings of...lets assume 200-300 million figuring that they somewhat arrest their astonishing decline. this is trading at 3.6 billion right now. its not the worst bet but it is more than somewhat dicey. the semiconductor industry is winner take all and extremely competitive. this means value investing isn't the best strategy. value investing requires that you can reliably predict future income streams. i've been looking at MRVL as well. i'm just saying its not straightforward