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

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.
Comments (2)
  • Maybe he is paying off his Californian mortgage.. are you kidding me ?
    Will allow the q numbers to tell the tale.. Intel is late to the party and the chip maker is in big trouble as Apple has put mobile computing and IPADs out there with NO Intel products onboard. Good Luck betting against this super star company with state of the art products.. I just bought some more! thanks to those selling at this level!
    28 Nov 2012, 03:52 PM Reply Like
  • long
    28 Nov 2012, 04:59 PM Reply Like
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