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Bigstud is here

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Wednesday, 01/02/2008 11:46:25 PM

Wednesday, January 02, 2008 11:46:25 PM

Post# of 975
Luminent Mortgage Director Sells $130,500 In Company StockLast update: 1/2/2008 8:33:51 AM
Joseph E. Whitters, a director at San Francisco-based Luminent, on Thursday sold 150,000 shares of Luminent for 87 cents each, according to a Securities and Exchange Commission filing.

Last week, Luminent said its third-quarter net loss widened to $520.6 million, or $12.17 a share, from a loss of $6.6 million, or 17 cents a share, a year earlier, on mortgage-related losses.
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