  We investigate the connection between the X-ray and radio properties of the
Galactic microquasar GRS1915+105, by analyzing the X-ray data observed with
RXTE, during the presence of a huge radio flare (~450 mJy). The X-ray
lightcurve shows two dips of ~100 second duration. Detailed time resolved
spectral analysis shows the existence of three spectral components: a
multicolor disk-blackbody, a Comptonized component due to hot plasma and a
power-law. We find that the Comptonized component is very weak during the dip.
This is further confirmed by the PHA ratio of the raw data and ratio of the
lightcurves in different energy bands. These results, combined with the fact
that the 0.5 -- 10 Hz QPO disappears during the dip and that the Comptonized
component is responsible for the QPO lead to the conclusion that during the
dips the matter emitting Comptonized spectrum is ejected away. This establishes
a direct connection between the X-ray and radio properties of the source.
