EFTA01462408Set 10
2014-03-0274p15,877w
VoLTE, RCS, and messaging services
rollouts in
these customer wins later this year.
Cavium: Our MWC conversations with senior management suggests that Cavium's
Fusion chip shipments (likely ... still in
early stage at the present — likely a 2H14+ revenue opportunity for Cavium
in our view.
The Fusion chip likely to ship into OEM platforms (NSN, Huawei, Samsung ... rollouts —followed by
+15 carriers in
the subsequent phases. While we are constructive on Cavium's CY15+ rev growth
opportunities for the new chips — Octeon3, Fusion, Neuron, etc — we remain
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01462408.pdf
EFTA01446934Set 10
2014-03-021p523w
among the key product cycle drivers for revenue growth in
CY14/15.
Cavium - Small Cells, but not lemto's
Our MWC conversation with senior management suggests that Cavium's Fusion chip ... still in early stage
at the present - likely a 2H14+ revenue opportunity for Cavium in our view.
The Fusion chip likely to ship into OEM platforms (NSN, Huawei, Samsung ... company's view, to sales of
their core products - i.e. Octeon2, Nitrox3, etc.
Cavium management remains convicted on their Project Thunder initiative - noting
potential for ARM SOC chip sales into
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01446934.pdf
EFTA01446969Set 10
2014-03-021p523w
among the key product cycle drivers for revenue growth in
CY14/15.
Cavium - Small Cells, but not lemto's
Our MWC conversation with senior management suggests that Cavium's Fusion chip ... still in early stage
at the present - likely a 2H14+ revenue opportunity for Cavium in our view.
The Fusion chip likely to ship into OEM platforms (NSN, Huawei, Samsung ... company's view, to sales of
their core products - i.e. Octeon2, Nitrox3, etc.
Cavium management remains convicted on their Project Thunder initiative - noting
potential for ARM SOC chip sales into
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01446969.pdf
EFTA01453097Set 10
2014-03-021p523w
among the key product cycle drivers for revenue growth in
CY14/15.
Cavium - Small Cells, but not lemto's
Our MWC conversation with senior management suggests that Cavium's Fusion chip ... still in early stage
at the present - likely a 2H14+ revenue opportunity for Cavium in our view.
The Fusion chip likely to ship into OEM platforms (NSN, Huawei, Samsung ... company's view, to sales of
their core products - i.e. Octeon2, Nitrox3, etc.
Cavium management remains convicted on their Project Thunder initiative - noting
potential for ARM SOC chip sales into
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01453097.pdf
EFTA01453061Set 10
2014-03-021p523w
among the key product cycle drivers for revenue growth in
CY14/15.
Cavium - Small Cells, but not lemto's
Our MWC conversation with senior management suggests that Cavium's Fusion chip ... still in early stage
at the present - likely a 2H14+ revenue opportunity for Cavium in our view.
The Fusion chip likely to ship into OEM platforms (NSN, Huawei, Samsung ... company's view, to sales of
their core products - i.e. Octeon2, Nitrox3, etc.
Cavium management remains convicted on their Project Thunder initiative - noting
potential for ARM SOC chip sales into
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01453061.pdf
EFTA01452959Set 10
2014-03-021p523w
among the key product cycle drivers for revenue growth in
CY14/15.
Cavium - Small Cells, but not lemto's
Our MWC conversation with senior management suggests that Cavium's Fusion chip ... still in early stage
at the present - likely a 2H14+ revenue opportunity for Cavium in our view.
The Fusion chip likely to ship into OEM platforms (NSN, Huawei, Samsung ... company's view, to sales of
their core products - i.e. Octeon2, Nitrox3, etc.
Cavium management remains convicted on their Project Thunder initiative - noting
potential for ARM SOC chip sales into
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01452959.pdf
EFTA01452952Set 10
2014-03-021p511w
VoLTE, RCS. and messaging services rollouts in
these customer wins later this year.
Cavium: Our MWC conversations with senior management suggests that Cavium's
Fusion chip shipments (likely ... still in
early stage at the present - likely a 21114+ revenue opportunity for Cavium in our view.
The Fusion chip likely to ship into OEM platforms (NSN, Huawei, Samsung ... rollouts -followed by +15 carriers in
the subsequent phases. While we are constructive on Cavium's CY15+ rev growth
opportunities for the new chips - Octeon3, Fusion, Neuron, etc - we remain
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01452952.pdf
EFTA01446924Set 10
2014-03-021p511w
VoLTE, RCS. and messaging services rollouts in
these customer wins later this year.
Cavium: Our MWC conversations with senior management suggests that Cavium's
Fusion chip shipments (likely ... still in
early stage at the present - likely a 21114+ revenue opportunity for Cavium in our view.
The Fusion chip likely to ship into OEM platforms (NSN, Huawei, Samsung ... rollouts -followed by +15 carriers in
the subsequent phases. While we are constructive on Cavium's CY15+ rev growth
opportunities for the new chips - Octeon3, Fusion, Neuron, etc - we remain
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01446924.pdf
EFTA01453090Set 10
2014-03-021p511w
VoLTE, RCS. and messaging services rollouts in
these customer wins later this year.
Cavium: Our MWC conversations with senior management suggests that Cavium's
Fusion chip shipments (likely ... still in
early stage at the present - likely a 21114+ revenue opportunity for Cavium in our view.
The Fusion chip likely to ship into OEM platforms (NSN, Huawei, Samsung ... rollouts -followed by +15 carriers in
the subsequent phases. While we are constructive on Cavium's CY15+ rev growth
opportunities for the new chips - Octeon3, Fusion, Neuron, etc - we remain
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01453090.pdf
EFTA01452979Set 10
2014-03-021p511w
VoLTE, RCS. and messaging services rollouts in
these customer wins later this year.
Cavium: Our MWC conversations with senior management suggests that Cavium's
Fusion chip shipments (likely ... still in
early stage at the present - likely a 21114+ revenue opportunity for Cavium in our view.
The Fusion chip likely to ship into OEM platforms (NSN, Huawei, Samsung ... rollouts -followed by +15 carriers in
the subsequent phases. While we are constructive on Cavium's CY15+ rev growth
opportunities for the new chips - Octeon3, Fusion, Neuron, etc - we remain
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01452979.pdf
EFTA01446959Set 10
2014-03-021p511w
VoLTE, RCS. and messaging services rollouts in
these customer wins later this year.
Cavium: Our MWC conversations with senior management suggests that Cavium's
Fusion chip shipments (likely ... still in
early stage at the present - likely a 21114+ revenue opportunity for Cavium in our view.
The Fusion chip likely to ship into OEM platforms (NSN, Huawei, Samsung ... rollouts -followed by +15 carriers in
the subsequent phases. While we are constructive on Cavium's CY15+ rev growth
opportunities for the new chips - Octeon3, Fusion, Neuron, etc - we remain
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01446959.pdf
EFTA01453052Set 10
2014-03-021p511w
VoLTE, RCS. and messaging services rollouts in
these customer wins later this year.
Cavium: Our MWC conversations with senior management suggests that Cavium's
Fusion chip shipments (likely ... still in
early stage at the present - likely a 21114+ revenue opportunity for Cavium in our view.
The Fusion chip likely to ship into OEM platforms (NSN, Huawei, Samsung ... rollouts -followed by +15 carriers in
the subsequent phases. While we are constructive on Cavium's CY15+ rev growth
opportunities for the new chips - Octeon3, Fusion, Neuron, etc - we remain
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01453052.pdf
EFTA01452991Set 10
2014-03-021p593w
share with investors, at the present.
In summary, while we are constructive on Cavium's CY15+ rev growth opportunities for
the new chips - Octeon3, Fusion, Neuron, etc - we remain with
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01452991.pdf
EFTA01453098Set 10
2014-03-021p593w
share with investors, at the present.
In summary, while we are constructive on Cavium's CY15+ rev growth opportunities for
the new chips - Octeon3, Fusion, Neuron, etc - we remain with
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01453098.pdf
EFTA01452960Set 10
2014-03-021p593w
share with investors, at the present.
In summary, while we are constructive on Cavium's CY15+ rev growth opportunities for
the new chips - Octeon3, Fusion, Neuron, etc - we remain with
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01452960.pdf
EFTA01446970Set 10
2014-03-021p593w
share with investors, at the present.
In summary, while we are constructive on Cavium's CY15+ rev growth opportunities for
the new chips - Octeon3, Fusion, Neuron, etc - we remain with
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01446970.pdf
EFTA01453062Set 10
2014-03-021p593w
share with investors, at the present.
In summary, while we are constructive on Cavium's CY15+ rev growth opportunities for
the new chips - Octeon3, Fusion, Neuron, etc - we remain with
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01453062.pdf