Rackable (RACK) insider buys

Two directors bought in the last couple of days in the open market. It's not a ton of money (80k between them) but they're both tripling down in the stock.

As I've said before, I think insider buys with cold hard cash (not option grants or exercises) are the most opinion indicative kind of transaction. Sales can be generated by so many other personal reasons that they're harder to game. Buys, though... that's a vote.

ISSUER: RACKABLE SYSTEMS INC
SYMBOL: RACK

FILER: GRIFFITHS GARY A
TITLE: Director

DATE TRANSACTION SHARES PRICE VALUE
4/29/08-4/30/08 Purchase 3,500 $10.99 $38,466

OWNERSHIP: 5,063 (Direct)


FILER: BOESENBERG CHARLES M
TITLE: Director

DATE TRANSACTION SHARES PRICE VALUE
4/30/08 Purchase 4,000 $11.18 $44,708

OWNERSHIP: 5,954 (Direct)