ASND - Discussion, but no quotes Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : ASND - Discussion, but no quotes

ASND 197.59

-0.8%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pass pass who wrote (56)	9/12/1997 10:13:00 AM
From: Carl R.	of 186

My best explanation of the lack of insider selling is that the company is not in trouble. Looking back, insiders have consistantly sold stock to enhance their income. But the rate of sales picked up a bit in late 1996 (when the stock was high), then fell off the face of the earth this spring (when the stock was low). They haven't been buying, but they haven't been selling either. I assume that this whole selloff is overblow. ASND is in the hands of traders, now, and the stock may go down, but if the business is still fundamentally sound, and I believe it is, then the stock will rise again. Heck, this company hasn't even had a sequential drop in sales. It is bigger than ever, and cheaper than ever, too. Carl

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next