At last, an insider (actually, a former insider but now a current outsider) sale. Alas, he only got $33.125 per share. That's gotta hurt given the recent employee option repricing at 34 15/16. Oh well.
(COMTEX) ASCEND FORMER EMPLOYEE FILES FORM 144, TO SELL SHARES
ASCEND FORMER EMPLOYEE FILES FORM 144, TO SELL SHARES
WASHINGTON, DC, Oct. 21, 1997 (States) -- Michael Champa, a former
employee of Ascend Communications Inc. of Alameda, Calif., reported on
Oct. 15, 1997 the proposed sale of 1,680 shares on Oct. 14, 1997, for
$55,650 through G.W. & Wade.
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Copyright States News Service, all rights reserved
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