Mellanox (MLNX -11.2%) is having an ugly day. The sale of 18K shares by director Dov Bharav...

|About: Mellanox Technologies, Ltd. (MLNX)|By:, SA News Editor

Mellanox (MLNX -11.2%) is having an ugly day. The sale of 18K shares by director Dov Bharav (acquired via stock options) could be a factor, though some point to worries about competition from Intel - the chip giant bought QLogic's InfiniBand adapter card/switch business earlier this year, making it a direct rival. Pac Crest and Barclays are defending Mellanox.