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  "documentTitle": "Mellanox Technologies, Ltd. (MLNX)",
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  "authorName": "Peter A. Feld",
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  "presentationDate": "2018-01-08 00:00:00",
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      "text": "We believe there is a tremendous opportunity at Mellanox, but it will require substantial change, well beyond just the Company's recently announced 2018 targets.",
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      "text": "Looking forward, we have severe concerns regarding the Company’s recently announced plan – we do not believe that it goes nearly far enough to address the magnitude of the problem and there remains significant skepticism about whether the Company can hit even these modest targets.",
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      "text": "Best Regards, Peter A. Feld Managing Member Starboard Value LP",
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      "text": "As we have discussed, we remain open to working with you to help drive significant improvements in operating and financial performance at Mellanox. Starboard has a long and successful history of working with companies in the semiconductor industry to drive significant value creation for the benefit of all shareholders. We believe there is a tremendous opportunity at Mellanox, but it will require substantial change, well beyond just the Company’s recently announced 2018 targets.",
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      "text": "Our focus is on ensuring that the best interests of all shareholders are being represented. We remain available to speak with you and members of the Board to discuss these topics further.",
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      "text": "Our goal is for Mellanox to create substantial value for the benefit of all shareholders. However, the time for fringe changes and marginal improvements has long passed. Given the significant and continuing underperformance at Mellanox, and the high level of frustration among the shareholder base, the Company’s recently announced targets are not nearly enough to offset years of poor performance and missed expectations.",
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