EFTA Document EFTA01452960

2 March 2014 Wireless Equipment Signals to Noise (S2N) likely a CY16+ opportunity for the company - and mostly an out quarter growth story opportunity for management to 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 our neutral near-term view and our Hold-rating on the stock - noting balanced risk/reward at current levels - i.e. the stock trading at app