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Friday, March 09, 2007

Blue Coat Systems Inc. (NASDAQ BCSI)
Last Trade:35.95
Trade Time:4:00PM ET
Change:Up 3.78 (11.75%)
Shares of network security company Blue Coat Systems Inc. jumped to a new 52-week high on Friday after the network security company reported fiscal third-quarter sales and a fourth-quarter sales forecast above Wall Street's expectations.

Blue Coat -- which did not report full results because it is restating finances due to a stock options review -- said Thursday its sales for the quarter ended Jan. 31. grew 33 percent to $47.1 million, compared with the $44.8 million analysts polled by Thomson Financial had expected.