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Technology Stocks : Ascend Communications (ASND)
ASND 212.33+1.1%Nov 28 9:30 AM EST

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To: Harold S. who wrote (24074)11/19/1997 9:38:00 PM
From: Larry J.   of 61433
 
<<<Unfortunately, the recent insider sales would only logically indicate that ASND might be headed for the teens after all.>>>

This in itself is an erroneous conclusion. Insiders sell for a multitude of reasons several of which have been discussed at length since the insider sales began showing up in late Oct. I'd be concerned if more than 1 VP continued selling into November. Hendron's most recent sale appears to be isolated and is relatively small @ 28K shares. Furthermore, this is not new news. If it was going to drive ASND to the teens it would have occured by now.

Are you related to Johnathan?

Larry
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