It's a good news, bad news day.
PortalPlayer (PLAY) is being bought out for $13.50/share by NVidia, a 23% gain in less than two weeks.
Meanwhile, Palm is now getting the same treatment from NTP as Research in Motion, who paid out over $600 million in ransom to the patent holding company. The stock dropped, but that's no reason to bail. It's possible that Palm will settle the matter quickly, instead of letting it drag out for years. It's also a possible takeover target.
PLAY will need to be replaced in the lineup, most likely by one of the companies I listed yesterday, like ADDL.
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