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Technology Stocks : Ascend Communications (ASND)
ASND 200.49-0.9%10:20 AM EST

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To: uu who wrote (20383)11/1/1997 1:47:00 PM
From: mark alan rosenberg  Read Replies (1) of 61433
 
Addi,
Look, if you had a tremendous amount of stock options, and you
can only unlock a certain percentage periodically, and you made
a pile of money, you'd do the same thing. A smart business man
wants to diversify: maybe he wants some safe yield instruments for
safe money. I call this a good "hedging" stratgey. If these insiders
unlocked only 5% of their total holdings, and they've got another
year to unlock more, why not take advantage?
There are many great co.'s that insiders sold stock, and way too
soon. Hasn't Gates sold any Microsoft?
Mark
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