Seeking Alpha

Mellanox's warning fueled a gradual selloff in enterprise tech stocks. Some storage-centric...

Mellanox's warning fueled a gradual selloff in enterprise tech stocks. Some storage-centric names were among the hardest-hit: FIO -6.2%. BRCD -4.7%. ELX -3.9%. XRTX -4.7%. Other notable decliners: FFIV -3.8%. CTXS -3.4%. VMW -3.2%. TIBX -3%. QLIK -8.4%. (security hardware stocks)
Comments (4)
  • Was it worth the sell off, fairly, or was it just a panic sell.? Was Mellanox's warning worthy of the sell off?
    3 Jan 2013, 05:45 PM Reply Like
  • I'm an individual trader so eat up every word on Seeking Alpha on the stocks I'm "stalking". Between you and MSN.MONEY and Scottrade I get lots of information that I trust to help make decisions about what to buy or what not to buy. I love Alpha and have recommended it to others and they feel the same way about it.
    3 Jan 2013, 05:46 PM Reply Like
  • Thanks for the positive feedback
    3 Jan 2013, 07:44 PM Reply Like
  • I have owned and used VMware for years.
    To compare Mellanox issues with VMware is not correct.

     

    VMware is the leader in the market with no close
    Second.

     

    Their product is superior and in demand

     

    2013 is a cycle upgrade year

     

    Somehow, this selloff of almost $3 is not valid based
    On what is expected to happen in 2013 in the Cloud

     

    My 2 cents
    4 Jan 2013, 02:33 AM Reply Like
DJIA (DIA) S&P 500 (SPY)