Friday, April 20, 2012

Earning Alert -After jumping 52% yesterday on a massive Q1 beat and strong Q2 guidance, Mellanox (MLNX -6.7%) corrected- 4/20/12

After jumping 52% yesterday on a massive Q1 beat and strong Q2 guidance, fueled by growing sales of InfiniBand adapters to Oracle, Mellanox (MLNX -6.7%) corrected a bit today. On the other hand, Splunk (SPLK +2%) more than held onto yesterday's huge post-IPO gains, which (along with Proofpoint and Infloblox's strong debuts today) drives home the current fervor for enterprise tech IPOs

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