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Message from discussion what to do with CRNT if DOW crashes down to 7500 or lower.
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tpetdoc...@gmail.com  
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 More options Sep 26 2008, 8:20 am
From: tpetdoc...@gmail.com
Date: Fri, 26 Sep 2008 05:20:58 -0700 (PDT)
Local: Fri, Sep 26 2008 8:20 am
Subject: what to do with CRNT if DOW crashes down to 7500 or lower.
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.


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