Mellanox Technologies Ltd (MLNX) 銘柄情報

Hit 100 so I can buy buy buy please

Mellanox Technologies' valuation models show nice upside before earnings today


Fundamentals

MLNX


getting close to entry signal,
stand by.

R5

Interesting move/news today.. Seems as if management may have a nose for the proper direction.

Time shall tell.

Nice movement over the past few weeks....

Interesting. One to keep a close eye on.

Mellanox Technologies EPS forecasts rising quickly. Uptrending stock in an Ascending Triangle pattern with both 50 day and 200 day MAs rising.



Cloud computing demand is soaring and will continue at +30% annual growth until 2020. Mellanox Technologies has a hot product and is well managed as evidenced by their huge cash position of more than $300 million with less than $2 million in debt. Source: Stifel Ups Mellanox Technologies Stock Target To $63

Mellanox wins two of three DOE projects, says Jefferies
Jefferies says Mellanox on Friday won two of the three CORAL projects announced by the Department of Energy, with the third award pending. The firm estimates the revenue opportunity for Mellanox from the two machines announced thus far is between $40M-$80M. Jefferies says the awards were larger than it anticipated. It reiterates a Buy rating on Mellanox with a $60 price target

them calls loook sweeeeet

Breakout....go go go

6 week price target: $43-$45

Run to come this week.

http://www.mellanox.com/page/company_overview

MLNX en fuego today!! Got in the 34's holding for 40+

MLNX en fuego today!! Got in the 34's holding for 40+

got in long BIG on friday at the close. this POS will eventually turn and burn the shorts... Near term target $42+

Earnings in detail

Non-GAAP operating income was $15.8 million or 16.1% revenues of revenue
read here
http://www.earningsimpact.com/Transcript/82456/MLNX/Mellanox-Technologies%2c-Ltd----Q2-2013-Earnings-Call

Shit I've Lost.

This one is a winner!

Mellanox(R) Technologies, Ltd. (NASDAQ: MLNX) (TASE: MLNX), a leading supplier of high-performance, end-to-end interconnect solutions for data center servers and storage systems, today announced the availability of the Mellanox Virtual Modular Switch(TM) (VMS) solution, a world leading Ethernet data center aggregation switch infrastructure. Mellanox VMS is a high-port density, flexible and scalable data center aggregation switching solution. Mellanox VMS provides up to 720 ports of 40 gigabits per second with latency lower than 2 microseconds while reducing capital expenses by up to 85 percent and power consumption by up to 90 percent. Moreover, Mellanox VMS offers the best-in-class resiliency, maintaining up to over 90 percent of the aggregation bandwidth at the time of a switch failure, compared to traditional chassis-based switches.

Thanks bud, I got in at 46.55!!!

great call !
MK

Grab while low!!!

Not for awhile.

MLNX!!! Huge...going to 100++++ DOLLARS!

What's wrong with this stock??? Anyone knows?

MLNX gap entry above 82.5

CURRENT PRICE 81.73, just above support, 78.96 ± 2.21, type single, strength 2

RESISTANCE ABOVE +10.5% at 90.32 ± 2.53, type single, strength 8
+24.9% at 102.1 ± 2.86, type triple+, strength 10
+37% at 112 ± 3.14, type triple, strength 9
+44.9% at 118.4 ± 3.32, type single, strength 5

source http://www.stockconsultant.com

New customer : Sakura Internet
http://www.mellanox.com/content/pages.php?pg=press_release_item&rec_id=890

New subsidiary :
http://www.mellanoxfederal.com/

Mellanox® Technologies, Ltd. (NASDAQ: MLNX) (TASE: MLNX), a leading supplier of high-performance, end-to-end interconnect solutions for data center servers and storage systems, today announced the creation of Mellanox Federal Systems, a wholly owned subsidiary of Mellanox Technologies. Mellanox Federal Systems will be responsible for driving business development for all federal government agencies and the federal integrator market.

Dale D’Alessio has been named CEO of Mellanox Federal Systems, which will be based in Vienna, Virginia. Mr. D’Alessio was previously co-founder and managing member of YottaStor, a professional service and product company specializing in big data storage solutions for the Intelligence and U.S. Department of Defense markets.

CC transcript link
http://seekingalpha.com/article/931181-mellanox-technologies-ceo-discusses-q3-2012-results-earnings-call-transcript

Ok, thank you for the info!

As previously stated I have no position. I can't argue with what you are saying as I don't know enough about he co. However I will say if I was short at 100 I would have bought he stock back at 75 or better and moved on with a nice profit. To remain short after this mornings action would be stupid in my view.

Listen to the conference call, especially if you're short!!
There's a reason that Needem only lowered price target $5 from $120 to $115. This company has NEVER provided guidance more than one quarter in advance because the replacement cycle and product mix changes Q-Q. This company has exceeded their own guidance Q after Q consistently for over a year now. Shorts will get massacred as soon as analysts are done buying at these discount levels. I got some last night in the after hours at $72. I would not be surprised to see this stock close down $5 overall for the day or go positive like AMZN did after guidance lower than the street. You need to follow guidance by the company not the street IMO. These executives are executing and growth is spiking with the move to mobile & wireless, again, listen to the conference call before trading this one, it can move fast in either direction creating some good entry points!!!

Apologies if this has been posted before but interesting article from a month ago on why Mellanox Technologies is overvalued. I'm not long or short the stock but if you own the stock worth a read. I think company guidance today is clearly telling investors that growth at the previous rate won't continue. As an investor you have to ask yourself if the share price can justify the large multiple it trades at? As the stock looks down another 18 to 20% after hours it doesn't appear it can.


9.11.12
Posted by KerrisdaleCap at 7:09 am
We believe that shares of Mellanox Technologies, Ltd. (MLNX) are highly overvalued, not only because it is a semiconductor company operating in a small and technologically fast-changing niche trading at an absurdly high valuation, but, equally as important, the Intel CPU chip upgrade cycle which fueled its past few quarters of atypical growth is about to plateau, and then sharply decline.

We are short and own put options on shares of MLNX.

Investors apparently misunderstand the cyclical nature of Mellanox’s 56 GB/s “FDR” Infiniband business and have mistakenly extrapolated the recent uptick in Q1/Q2 growth into a long-term trend. As the upgrade cycle for Intel’s Romley CPU plays out, Mellanox’s FDR revenue could plateau in Q4 2012 and sharply reverse in 2013. When this occurs, the 50%+ quarter-over-quarter growth that investors have come to expect will be a thing of the past. As Mellanox’s lead product (54% of Q2 2012 revenue), FDR has been tailored specially for the Romley CPU system, meaning that FDR revenues probably tie very closely to Romley CPU shipments. Using this assumption and FDR revenue estimates, we estimate that quarter-on-quarter growth of the base business, excluding FDR-related revenue, was only 0.7% in Q2 2012. Non-existent growth in the core business hardly justifies the 50% share price bounce (from $65 to $95) that Mellanox experienced after its second quarter earnings release, let alone the further increase to $110 in the past two months.

Unfortunately for most investors, the cyclical nature of the tech hardware business is rarely modeled by analysts, who prefer straight-line forecasts and sky-high, AMZN-like valuation multiples for whichever business is in vogue at the time. But while they lavish Mellanox with unbounded praise in their qualitative analysis, most analysts have actually modeled a material growth slowdown in 2013. As such, we believe that investors in MLNX are currently playing with fire and would be wise to avoid shares at the current astronomical valuation level.

As for the notion that MLNX may be acquired, the idea of an acquisition is preposterous at prices anywhere close to the current trading levels. A scan of the tech landscape tells us that of the few strategic buyers that might exist, most couldn’t afford MLNX’s current valuation (such as ELX, QLGC, HPQ). Those that can would prefer higher-margin branded products and services (ORCL and IBM), or have already made their Infiniband investments (INTC). Others would likely allocate internal resources to create a next-generation rival product instead of overpaying for a risky acquisition (BCOM). Since Infiniband remains a small niche market confined to high-end supercomputing, no rational buyer would consider acquiring MLNX for a $5+ billion valuation, in our opinion.

Notwithstanding its current share price bubble, we believe that Mellanox has built itself a niche business and achieved a big win through the Romley upgrade cycle. But high-speed computing is a cutthroat space and Mellanox still faces competitive risks from all sides (e.g. Intel’s Infiniband and Cray interconnect, 40GB/s low-latency Ethernet, etc.). Since high-tech hardware is such a cyclical, competitive space, almost all peer companies trade below 10x Forward EV/EBITDA and many trade below 5x. Mellanox’s 28x FY12E EBITDA is in another stratosphere, and as frequently occurs in the tech space, we expect shares to sharply snap back at the slightest earnings waver. Make no mistake about it: this is a momentum-driven growth stock and its shares can only levitate at these prices while the company delivers spectacular growth numbers. Even Mellanox can only defy gravity for so long.

THE ROMLEY UPGRADE CYCLE HAS DRIVEN SHORT-TERM GROWTH

Mellanox provides premium Infiniband chips used in high-performance computer (“HPC”) clusters. Infiniband is a hardware interconnection tool that allows stacks of databases, servers, and computers to ‘talk’ to one another. While most commercial servers are perfectly content with 1G/s or 10G/s Ethernet interconnection, a small niche of specialized HPC clusters prefer the higher speed and low latency of Infiniband, of which MLNX is the leading supplier, and are willing to pay the higher prices associated with it. In particular, Intel’s Romley CPU core, which was released in 1Q 2012, included Mellanox’s products as among its preferred interconnection tools; therefore, as has been the case over the last few quarters, each time that an HPC cluster upgrades to the Romley core, many will purchase the FDR interconnectors as well.

So whos holding, selling, and buying

They beat for the quarter but guidance for 4th Q not as strong as the street expected.
This selling sure seems way overdone. I didn't have a chance to listen to the cc, but will look for the transcript to post on Seeking Alpha site.

For Q3, the company, which is focused on products that use a technology called Infiniband, reported revenue of $156.5 million and non-GAAP profits of $1.37 a share, well ahead of the Street consensus at $153.1 million and $1.13 a share.

However, on a post-report call with the Street, the company projected revenue for Q4 of $145 million to $150 million, below the Street at $157 million.
http://www.forbes.com/sites/ericsavitz/2012/10/17/mellanox-swoons-q3-tops-estimates-guide-disappoints/?partner=yahootix
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Also sharply lower were shares of Mellanox Technologies Ltd. MLNX -6.45% as they logged a drop of 22% to $77. The company, which produces technology for transfer of data between servers and storage systems, said on an evening conference call that it foresees fourth-quarter sales of $145 million to $150 million. The consensus currently calls for revenue of $156.8 million.

Mellanox said its quarterly revenue forecast puts annual sales at $524 million to $529 million, which misses Wall Street’s projection of $532 million.
http://www.marketwatch.com/story/ebay-american-express-results-due-after-hours-2012-10-17?siteid=yhoof2
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also, from a post the other day:
"High expectations are already baked into analysts' estimates, so it reduces the potential for a massive surprise," said Wunderlich Securities analyst Brian Freed.
"It's still a rockin' business," he added.
But the raised bar puts more pressure on Mellanox to deliver — or overdeliver.
"They have to meet or exceed consensus estimates or the stock is going to get crushed," Freed said.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80499437

yes exactly, do you have an idea why

Speechless? Killed in AH.......

Mellanox: Can It Pull Off Another Big Beat In Q3?

Read More At IBD: http://news.investors.com/business-the-new-america/101212-629135-mlnx-rides-big-data-web-2-0-cloud-computing.htm#ixzz298YB6Q2c
Analysts say business fundamentals are still strong and expect another good quarter.
"The story remains intact," said ThinkEquity analyst Rajesh Ghai, who says the firm is seeing new demand from companies involved in storage and Web 2.0 markets.
Upside Surprise
But since analysts have raised estimates to reflect Mellanox's outsize performance, the likelihood of a big upside surprise is less likely this time.
"High expectations are already baked into analysts' estimates, so it reduces the potential for a massive surprise," said Wunderlich Securities analyst Brian Freed.
"It's still a rockin' business," he added.
But the raised bar puts more pressure on Mellanox to deliver — or overdeliver.
"They have to meet or exceed consensus estimates or the stock is going to get crushed," Freed said.

Mellanox® Technologies, Ltd. (MLNX) (MLNX.TA), a leading supplier of high-performance, end-to-end interconnect solutions for data center servers and storage systems, today announced that it will release financial results for its third quarter 2012 after the close of market on Wednesday, October 17, 2012..
http://finance.yahoo.com/news/mellanox-technologies-ltd-schedules-release-123000537.html

Mellanox initiated with a Buy at Deutsche Bank .. Target $140.
http://www.theflyonthewall.com/permalinks/entry.php/MLNXid1697745/MLNX-Mellanox-initiated-with-a-Buy-at-Deutsche-Bank

Mellanox Technologies Ltd. (MLNX), the Israeli maker of technology used to transfer and store data, increased 2.2 percent to $116.8. Its shares in Tel Aviv advanced 1.5 percent to 463.9 shekels, or $115.62.
The company will be added to the MSCI Standard Index and removed from the MSCI Small Cap Index at the end of the month, a move that may result in net inflows of $120 million, according to a report from Clal Finance dated yesterday.
To contact the reporter on this story: Sridhar Natarajan in New York at snatarajan15@bloomberg.net
http://www.bloomberg.com/news/2012-08-27/tower-hits-three-year-low-on-bond-conversion-israel-overnight.html?cmpid=yhoo

How about a little "yee-haw" or something?

Anyone fade this into the close?

Anyone fade this into the close?

FYI. I've held it since June 10th at $60. I don't post. What's there to say. Firing on all cylinders. Will be worth twice this in June 2013. There are probably others like me out here.

Vanbookie

Wunderlich Boosts Target on Mellanox (MLNX) to $150
http://www.streetinsider.com/Analyst+Comments/Wunderlich+Boosts+Target+on+Mellanox+(MLNX)+to+$150/7590044.html

Mellanox (MLNX) Technologies' CEO Discusses Q2 2012 Results - Earnings Call Transcript
http://seekingalpha.com/article/731101-mellanox-technologies-ceo-discusses-q2-2012-results-earnings-call-transcript

great nuggets all through this call:

"Hi, Glenn Hanus at Needham. Can you talk a little bit about -- I mean you've raised the third quarter here very significantly, you know, the drivers of that? Are there a number of, you know, you had I think you said five to seven significant HPC deals for the June quarter, are there a whole group coming here in the September quarter, is that the primary driver the upside? And then should we -- how far are we in this HPC upgrade cycle to 56 as we go -- as we think about our models for December then, the December quarter, should we think in terms of there having been a lot of one-time business in the September quarter or should we think about growth again sequentially in the December quarter? Thank you.

Eyal Waldman

Sure. So we can't give you any guidance for the December quarter. Regarding Q3, yes, there are a number of large deals as we had in Q1 and in Q2, we also have a number in Q3, which we’re happy to see continuous flow for those deals with our InfiniBand interconnect. And the HPC market continues to deploy. It's not like there's a certain amount of super-computers being built and most of them are being built in the first half. It's like every -- we already are working on and know of super-computers that will be built in 2014, 2015 and 2016 that people are working out with us. And so there's a continuous flow of super-computers to be built in the next coming two or three years that we already are aware of."

Whoever was long calls into the close may get 30 to 50 bags tomorrow AM

I do wish I had some damn calls going into this close. Good luck tomorrow cleaning up. Good lord up 30 bucks damn