Alpha Industries' shares fell $1.9375, to $115.8125, in Nasdaq trading.
Alpha Industries, based in Woburn, Mass., makes integrated circuits and semiconductors for wireless voice and data communications.
Alpha Industries said yesterday that it had agreed to purchase closely held Network Device Inc. for $141 million, in a move to expand its presence in the wireless communications market.
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Twenty-five yeafterfter Piper Alpha the industry owes its workforce nothing less than that".
The top 25 earners made an average of $464m apiece, according to rankings compiled by Alpha, an industry magazine.
Furthermore, clones will capture the entire beta but none of the alpha of the industry—and it is the alpha that makes hedge funds worth buying.
