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Technology Stocks : Ceradyne (CRDN)

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To: Peter V who wrote (196)4/25/2008 12:54:18 AM
From: Peter V  Read Replies (1) of 202
 
well, we went up and touched 37 today, nice run. Earnings are tomorrow morning. I hedged my position by boxing it late today, at almost 37. Not sure if today's rise was short covering ahead of earnings or hopeful longs looking for a good report.

I'm afraid that the slowdown in military orders will hurt the bottom line, plus I'm a bit scared of a downdraft that surprised me last time. I doubt we'll get a GOOG type runup, so I should be OK if we get a really good earnings report, I'll miss the initial gap, but should catch most of the run.

We will see in a few hours.
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