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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: KJ. Moy who wrote (22471)6/10/1999 3:09:00 PM
From: Roy Sardina  Respond to of 29386
 
KJ

Thanks for the kind words.

All holders of Brocade Restricted Stock (Common stock issued to employees and investors) have a 180 day stand off agreement. So we can't sell until then. Although we can short after 30 days, we would of course be required to cover that short with the stack after 6 months, and have the standard margin requirements.

Roy Sardina

------------ bfm ------------
Roy,
I am happy for you that Brocade's IPO is doing so well. Do you still hold Brocade stocks or you also have to wait the 180 days before you can sell. Just curious.

KJ