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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
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Fool contributor Anders Bylund holds no position in any of the companies discussed here. The Fool has written calls (bull call spread) on Cisco Systems. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool is investors writing for investors.