Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of fabless chip designer NetLogic Microsystems
So what: NetLogic's largest customer is networking giant Cisco Systems
Now what: So the drop makes sense to some degree, but NetLogic is working on diversifying its customer list these days. Unfortunately, that didn't help at all this time as second-largest customer Alcatel-Lucent
Interested in more info on NetLogic Microsystems? Add it to your watchlist by clicking here.