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Technology Stocks : Ascend Communications (ASND)
ASND 210.50+0.5%Nov 21 9:30 AM EST

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To: jhild who wrote (19802)10/29/1997 11:57:00 PM
From: Gary Korn  Read Replies (4) of 61433
 
Okay, another insider seller: Gururaj, Deshpande
Who is this guy? Sale reported on 10/29 (today).

Something is going on. I don't know if it is +
or - , but something clearly is going on. All of
this insider selling -- small amounts vis-a-vis the
persons selling to be sure -- is coming out of the
woodwork at the same time and at a stock
price BELOW repriced employee stock options
(34 15/16). There has to be an explanation.
Anyone?

Issuers Name ASCEND COMMUNICATIONS INC

Ticker Symbol
ASND
Seller
GURURAJ DESHPANDE
Address
9 SPARTA WAY
Address
ANDOVER MA 01810
Phone
510 769-6001
Filing Date
Oct 29 1997
Shares to be Sold
35,000
Value
1,190,000.00
Broker
MSCO
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