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CERAGON NETWORKS LTD (NASDAQ:CRNT), Down By 7.03% ($0.84) From $11.950 After BUYINS.NET Report Predicted Weakness After Earning

^{Published on 2011-05-16 13:21:45 - WOPRAI}
 

May 16, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Friday, May 13th 2011 stating that CERAGON NETWORKS LTD (NASDAQ:CRNT) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=crnt&id=166665

At the time this story was written, CERAGON NETWORKS LTD (NASDAQ:CRNT) is Down By 7.03% ($0.84) From $11.950 since the BUYINS.NET report was released.

The movement of stock prices in the days and weeks leading to and following earnings announcements may follow a predictable pattern. Most companies stock price histories show random or unpredictable movements around earnings dates. But some seem to repeat the same pattern quarter after quarter, year after year. The specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php

CERAGON NETWORKS LTD (NASDAQ:CRNT) - Ceragon Networks Ltd. offers wireless backhaul solutions that enable cellular operators and other wireless service providers to deliver voice and data services, such as Internet browsing, music, and video applications. The company offers its products under the brand name of FibeAir, which include IP-10/IP-MAX2-G, a high-capacity Ethernet that is used in wireless backhaul, worldwide interoperability for microwave access (WiMAX) backhaul, metro area networks, private networks, and long distance networks; IP-10/IP-MAX2, a high-capacity multi-service, which is used in wireless backhaul and private networks; and 640P, a high-capacity PDH multi-service used in wireless backhaul and business access. It also provides 2000/4800, an unlicensed multi-service that is used in private networks and business access; 1500P/1500R, a high-capacity synchronous digital hierarchy/synchronous optical networking, which is used in wireless backhaul and metro area networks; and 3200T, a high-capacity circuit-switched time-division multiplexer used in wireless backhaul and long distance networks. In addition, Ceragon offers turnkey project services that include advanced network and radio planning, site survey, solutions development, installation, maintenance, and training. The company serves WiMax carriers, Wireless Internet service providers, local exchange carriers, businesses, public institutions, and wireless service providers. It sells its products through various channels, including direct sales, original equipment manufacturers, resellers, distributors, and system integrators primarily in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company was formerly known as Giganet Ltd. and changed its name to Ceragon Networks Ltd. in September 2000. Ceragon Networks Ltd. was founded in 1996 and is headquartered in Tel Aviv, Israel.

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DISCLAIMER:

BUYINS.NET is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. CERAGON NETWORKS LTD (NASDAQ:CRNT) has not approved the statements made in this release. Please read our report and visit our web site, http://www.buyins.net, for complete risks and disclosures.

Contact: BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net http://www.buyins.net