lt cap,

Thanks for more 'color' on your thinking on INFN. And I agree completely - if Fallon were to come out now, rather than the next CC, with defensible statements, it would help tremendously, given the street cred he's built up. But silence doesn't mean he's got nothing good to say, so it will just be puzzling if he doesn't speak out, because the one thing we can be sure of is that it's going to come up one way or another in the CC. It could be that mgmt. at INFN is trying to calculate just how this InPhi will affect them, given that it was a surprise announcement. 

On a practical level, it doesn't change much for me. I toy with the idea of buying more INFN, and perhaps selling covered calls against it - but who can tell whether it'll visit the $13's again, or become a 'buy the dip' target now. So, unless I see a really ridiculously cheap valuation, I'll probably just sit tight with this somewhat burdensome position, click in my seatbelt, and go along for the ride - pending any new developments or news.