Volume Spike Investor

Ceradyne, Inc. (CRDN) is getting hit hard this morning on revised guidance for 2009 to the lower end of the range.  Its earnings are expected at the low-end of the $1.60 to $2.00 EPS range for 2009 and took revenues to a range of $420 to $440 million vs. prior range of $465 to $500 million.  We have seen very minimal trading, but that will chage with the price indications being so harsh.  Shares are indicated down over 10% at $20.40 at 8:05 AM EST after closing at $23.37 yesterday.  The 52-week range is $14.27 to $50.51 and the stock trades about 350,000 shares per day. -JON OGG