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Technology Stocks : Brocade Communications Systems,Inc. (Nasdaq-BRCD) -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (950)	8/18/2001 6:36:28 PM
From: stockman_scott	Respond to of 1583

As much as I used to like BRCD its troubling that Mr. Reyes (BRCD's Chairman & CEO) has recently been aggressively selling his shares in the company (over $55M of sales in the last few months)... biz.yahoo.com biz.yahoo.com biz.yahoo.com He's clearly not going hungry...Yet, he booked HUGE gains during the boom period and IMO there is no reason to be selling right now. If you look at BRCD Co-Founder Kumar Malavalli (the VP of Technology), you'll see he HAS NOT sold a share since last September... biz.yahoo.com He did have great timing with his sales BUT he still has A LOT of skin in the game. Its important for top execs in tech companies to show that they really believe in their firm's future potential -- especially in tough times. Brocade's a great company BUT I would be MUCH MORE IMPRESSED if Mr. Reyes would be buying now. Best Regards, Scott