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Strategies & Market Trends : The Amateur Traders Corner

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To: (No name provided) who wrote (5291)1/15/2001 10:19:11 PM
From: Tom Hua   of 19633
 
New Form 4s showing recent RBAK insiders selling activities:

DJ Insider Sells 120,000 of REDBACK NETWORKS (RBAK)

15 Jan 00:05

SOURCE: Form 4

ISSUER: REDBACK NETWORKS
SYMBOL: RBAK

FILER: BARSEMA DENNIS
TITLE: Director
TRANSACTION: Sale (Option Related) 120,000 12/05/00-12/08/00 $77.16-$89.50
OWNERSHIP: 1,714,584
*****************************************************************************************
DJ Insider Sells 100,000 of REDBACK NETWORKS (RBAK)

15 Jan 00:05

SOURCE: Form 4

ISSUER: REDBACK NETWORKS
SYMBOL: RBAK

FILER: GARG GAURAV
TITLE: Vice President
TRANSACTION: Sale 100,000 12/01/00-12/08/00 $75.06-$89.98
OWNERSHIP: 1,936,824

Mr. Barsema was formerly CEO of RBAK until the post was taken over by the former CEO of Siarra which merged into RBAK last year. Mr. Barsema is now Vice Chairman of the company. Take a look at this:

biz.yahoo.com
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