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Synaptics falls after reporting Apple won’t use its touch-wheel tech in iPod nano

“Synaptics Inc. stock fell Thursday after a few analysts said Apple Computer Inc. won’t use Synaptics’ touch-wheel technology on its new [iPod nano] digital music player. Shares of San Jose, Calif.-based Synaptics fell 52 cents, or 2.8 percent, to $17.83 in morning trading on the Nasdaq Stock Market. The stock fell as low as $16.87… Apple shares rose $1.17, or 2.4 percent, to $49.87 on the Nasdaq,” Dow Jones/AP reports. “Analysts at Bear Stearns and America’s Growth Capital said in research reports Thursday that Synaptics confirmed the [iPod nano], which Apple unveiled Wednesday, will incorporate technology from another vendor, at an investor conference Wednesday night.”

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