All,
Here is a little BRCD news blurb from CBS market watch:
cbs.marketwatch.com
Brocade Communications
Brocade insiders filed to sell a combined 92,500 common shares of the company's stock, valued at $13.1 million in the open market, according to regulatory filings released Tuesday.
Chairman Seth Neiman planned to sell 50,000 shares, worth $7.1 million on Dec. 7 and 30,000 shares, valued at $4.3 million, within 90 days of the Form 144's registration date of Dec. 13.
Director Larry Sonsini planned to sell 12,500 shares, valued at $1.7 million, on Dec. 7 through Salomon Smith Barney.
San Jose, Calif.-based Brocade Communications (BRCD: news, msgs) provides storage area networks switching solutions.
There are an estimated 58 million shares outstanding. The stock rose 17 5/16 to 162 5/8 on Tuesday. |
