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Technology Stocks : Ceradyne (CRDN)

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From: Peter V2/26/2008 3:40:43 PM
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Although this thread has been dead for a long time, I thought I'd just come here to mourn the loss of 25 percent of my holding's value today. I've held this since 2000, so I'm still way ahead, but taking such a HUGE haircut in a single day is a bit painful.

Yesterday we closed at 47.15, today we have been trading in the 35's all day long. sigh ...

On a positive note, the company is making more inroads into nonmilitary products, such as crucibles for making solar panels, which should be a hot area, and still trades at a very reasonable PE.
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