Communications Systems Inc Brocade, 10% Owner at FOUNDRY NETWORKS INC (FDRY), bought 2,303,576 shares at $18.01 ($41.6M) on 2008-09-24, disclosed to the SEC on 2008-09-26.
Scheduled purchase ($41.6M) by 10% Owner under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $18.01 | 1,151,788 | $20.7M | 49.9% |
| 2 | $18.11 | 1,151,788 | $20.9M | 50.1% |
| Total | $18.06 avg | 2,303,576 | $41.6M | 100% |
| Filing → |