Emulex Corp

  • Are the Days Numbered for This Networking Equipment Stock?

    By Robert Hanley - April 10, 2013 | Tickers: ELX, MLNX, RAX

    Emulex (NYSE: ELX) may have been one of the go-go stocks of the late 1990s, but recent times have seen the company’s fortunes slip sharply. The consolidation of the server space, now dominated by tech giants HP, IBM, and Dell, has eliminated Emulex’s pricing power on sales of its components, leading to weak profits and a declining stock price. The company’s cheap valuation, with a P/E more »

  • Is This Networking Equipment Stock's Days Numbered?

    By Robert Hanley - April 8, 2013 | Tickers: ELX, MLNX, RAX

    Emulex (NYSE: ELX) may have been one of the go-go stocks of the late 1990’s, but recent times have seen the company’s fortunes slip sharply. The consolidation of the server space, now dominated by tech giants HP, IBM, and Dell, has eliminated Emulex’s pricing power on sales of its components, leading to weak profits and a declining stock price. The company’s cheap valuation, with a P more »

  • This Fabless Semiconductor is Still Expensive

    By Anh HOANG - October 18, 2012 | Tickers: BRCM, ELX, MLNX, QLGC

    In the stock market, investors should be aware of any large price swings. We all know that it would be very irrational for a business, which was worth $1 yesterday, to be worth maybe only 50 cents or $2 today. We should not be influenced by it. Instead, we should consider it as an opportunity and take full advantage.

    What happened?

    A fabless semiconductor maker, Mellanox Technologies (NASDAQ: MLNX), fell more »

  • Why is Elliott Management Decreasing Its Stake in This Tech Company?

    By Meena Krishnamsetty - September 25, 2012 | Tickers: BRCD, CSCO, ELX, HPQ, QLGC

    In an amended schedule 13D filing with the SEC last Friday, Elliott Management reported that it was decreasing its stake in Brocade Communications Systems (NASDAQ: BRCD) from 8.4% to 5.9%. As of its most recent transaction, Paul Singer’s hedge fund now owns 27.1 million shares of the networking equipment company worth a little over $168 million.

    At the end of this year’s second quarter, Elliott more »