I still believe in this company long-term.  I like that it's risk is
spread throughout the globe, though I'm increasingly worried about a
worldwide economic collapse.  I believe that the stock is heavily
discounted already, but I can't imagine that it wouldn't get pulled
down significantly more if the stock market crashes hard.  I sold out
of all my CRNT last Friday and I'm wondering at what price I should
consider getting back in.  My long-term position aside, I've been in a
"buy at 7.5, 7, and, 6.5 strategy; sell at 8.5, 9, 9.5 etc" for the
past 6 months.

Does anyone think the stock could go below $4-5 if the market
crashes?  I guess it's time to revisit CRNT's balance sheet to look at
debts, etc.

I am holding CRNT from an average price of 10.50$ (yehp i know it is
not the best price).....I believe that this is a great company and
6-6.5$ is a very strong support level. probably after quaterly result
release we will see a new rally....as always and then drop again until
the crisis will be over. This is not a recommensation to buy or sell
any stock.

I too have a high cost basis for these days ($10.03). I also believe
in the long term success of CRNT and am able to hold my position for
the long term.

I keep dialing down my entry point.  At first I was going to rebuy at
6.5 but now I'm just going to wait this out a bit more.  How will a
global recession hit CRNT?   They are exposed to many markets which
helps to diversify, but I don't think they will escape the coming
downturn. However, I still think that their business model is
viable...anyone disagree?  They don't really have that much debt which
is a great thing in this climate.

The great thing is they anticipated an year earlier and were sitting
on cash flow.

They shouldn't have any problem. I don't know why this stock is being
hammered like this.

OK we hit the 7000's last week and the stock briefly hit under $5.  Is
the worst over, or is there more to go?