Goto this link http://www.zdii.com/earnings.asp?ticker=RDWR and see that earnings are expected on May4. Also, last quarter, the earnings were .03, this quarter it is expected to be .01 but .11 for the year and next year at .34 per share. This sounds like a growing / earning company to me. Now I have done my homework unlike the spouters on this message board. Listen to the numbers not the spouters. RDWR is a solid company of the future. I am long on RDWR.
In response to why employees who are very positive about radware's future would sell any shares here is the obvious answer.
Many Radware employees have many shares of Radware stock and many options. When they sale shares they are only selling a very small fraction of the total shares they own. They sell these very small fraction of their shares for their immediate buying needs, they want to buy a house, new car, etc. However, they hold on to many of their shares because they are still positive about the company.
You can't fault an employee for wanting to sell a few shares to buy a new car or house. Do expect them to hold all their shares forever? They need some spending money.
Check your history. Many EMC, MSFT, DELL, and INTC employees have sold many shares of their companies stock over their history while their stock and companies have continued to rise. these stocks have continued to rise.
I think you should ask your friends why shareholders that sold 1,250,000 shares at secondary public offering in the price of $55 per share are not buying now in a price of $21-$22. Sure it will show their great confidence in the company.
I think that Q1 sales in the amount of $6.7M will be disapointing. The company made tremendous efforts to increase sales by signing new distribution agreements and direct marketing. Let's remember that FFIV's revenues in last quarter were $19.2M. My estimation is that RDWR revenues will be above $7.2M. Gross profit:$5.6M and Operating profit:$0.4M. Having $128M in cash should benefit at least $1.0M in financial income. If all above assumptions are correct we should expect EPS of $.08 which is much above analysts expectations (only $.01). I wonder how market will react to such results.