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Mellanox (MLNX -1.4%) is adding to its recent losses after UBS starts coverage at Neutral,...

  • Thursday, December 6, 2012, 10:40 AM ET
    Mellanox (MLNX -1.4%) is adding to its recent losses after UBS starts coverage at Neutral, arguing strong fundamentals are offset by a full valuation. At 16x FY13E EPS, Mellanox isn't exactly a value play, but is nowhere as richly priced as it was a couple months ago, before shares were clobbered thanks to soft Q4 guidance and fears of competition from Intel.
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    Can't believe this trite! high growth, great numbers, no competition especially from the chip makers who are getting pounded by Apple and the IPAD.. Just backed up the truck again and bought more as it tests the 65 bottom ... Funny, these sellers are the same that were puching this stock just a couple of months ago.. I guess that 3 months is their definition of long term investing in a geat growth stock
    6 Dec 2012, 01:04 PM Reply Like
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