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Technology Stocks : Ascend Communications (ASND)
ASND 210.01+1.7%3:59 PM EST
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To: Harold S. who wrote (24074)11/19/1997 10:07:00 PM
From: Larry Myers   of 61433
 
"Unfortunately, the recent insider sales would only logically indicate that ASND might be headed for the teens after all."

This just is not necessarily true. Insiders sell for many reasons. Most of their shares are in the form of options that could have been bought at very low prices. The only insider activity that you can truly draw any conclusions from are when they are buying because while there may be many reasons for selling there is only 1 reason to buy.

ljm
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