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Technology Stocks : Opsware, Inc. (OPSW)

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To: DanielleC who wrote (99)10/8/2001 10:20:37 AM
From: Glenn Petersen  Read Replies (1) of 136
 
Andreessen purchases 438,000 shares:

Monday October 8 9:11 AM ET

Loudcloud Chairman Buys 438,000 Shares

SUNNYVALE, Calif. (Reuters) - Loudcloud Inc. (Nasdaq:LDCL - news), which provides software that helps manage corporate Internet sites, said on Monday its chairman, Marc Andreessen, purchased 438,000 additional shares of the company.

He purchased the shares in September and October, a statement from the company said. Loudcloud, which said on Sept. 7 it would cut some jobs and realign its sales force, has seen its share price fall to a close of $1.29 on Friday from a 52-week high of $7.
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