'Draw Something' erasing Zynga profits

“Zynga’s shares plummeted 19% in after-hours trading after the troubled social gaming company cut its financial projections for the year and announced it would write down nearly $100 million from its recent acquisition of OMGPOP, the maker of ‘Draw Something’.” “Zynga said Thursday that it would take an impairment charge of between $85 million and $95 million on OMGPOP in the quarter ended Sept. 30, essentially admitting that the social and mobile games maker is worth half of its original purchase price just six months later.”