insiders bailing!!!
WASHINGTON, DC, May. 27, 1998 (States) -- Mory Ejabat of Alameda, CA, a
Director,
President and CEO of Ascend Communications, Inc. (SYMBOL: ASND),
disposed of 50,000 shares in 2 transactions for between $40.38 - $42.10 each
between April 16, 1998 and April 17, 1998. Mory Ejabat currently owns 0 shares.
A Form 4 reporting the transaction was filed with the Securities and Exchange
Commission on May 11, 1998. News May 27, 19:50 Eastern Time
We know that as of Feb 28, 1998 Mory Ejabat had 1,523,843 shares according to the DEF 14A filed in Edgar:
sec.gov
Now let's see, selling 50,000 shares gives him how many left?
Please explain yourself. I'm wondering if this is something that should be brought to the attention of SI. What does everyone think?
bucky89 |
