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Technology Stocks : Ascend Communications (ASND)
ASND 206.52-1.2%Nov 25 3:59 PM EST

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To: Gary Korn who wrote (19496)10/28/1997 6:28:00 PM
From: satish kamat  Read Replies (1) of 61433
 
Gary: You are correct. Vicker's Insider Trade Data for ASCEND COMMUNICATIONS INC shows that last time Mory sold shares was on Feb 3, 1997.

Date Name Title B/S Shares Price # Held
02/03 EJABAT, MORY PR Sell 134341 60.000 26912

Remember, Mory get most of his bonus package through options and deferred stocks. So I am actually surprised to see him not selling stock in recent 8 months. ( CSCO's honcho Chamber sells almost periodically as most of tech CEOs.)

I think Xiang Cheng was referring to Oct 20th of 1996.

satish kamat
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