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Mellanox (MLNX) has resumed trading after posting a huge Q2 beat. Shares are up 54.5% AH, easily...

Mellanox (MLNX) has resumed trading after posting a huge Q2 beat. Shares are up 54.5% AH, easily blowing past their all-time high. Oracle (ORCL) owns a 9.8% stake in Mellanox - its value just increased by about $141M. Mellanox's beat is also good news for Oracle to the extent it reflects well on sales of Oracle's high-end Exadata and Exalogic systems, which contain Mellanox's InfiniBand adapters.
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Comments (1)
  • realornot
    , contributor
    Comments (1281) | Send Message
     
    This is insane.

     

    picked your roulette # right!
    18 Jul 2012, 06:20 PM Reply Like
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