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Technology Stocks : Ascend Communications (ASND)
ASND 202.96-2.8%Jan 9 9:30 AM EST

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To: Kumar Nathan who wrote (12138)9/12/1997 8:14:00 PM
From: Maverick   of 61433
 
IMHO, mgmt did the right thing by staying quiet b/c the qtr is very back-end loaded w/ sale promotion (from Bloomberg). They don't know until Oct. 1 whether the qtr is salvageable or not. IMHO, if ASND can make 31 cents/sh the qtr is considered a sucess. I find 1 insider selling from stockmart w/ 380 shrs at $19 K filed on 9/12/97 in the last 2 weeks. So, this is positive.
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