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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (177417)11/3/2003 11:56:29 PM
From: tejek  Respond to of 1573201
 
Why did CNXT tank?

Typically, the buying company gets hit because of the concern over dilution. However, in this case, there is concern that the merger between GSPN and Virata just got finished and now the whole process will have to start all over again......meaning that GSPN will be badly disrupted.

What concerned me is that GSPN did not do well today either. I asked Cramer to write something about it and he said he would. I'll post it here if he does.

ted