Ascend Communications (ASND) 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 : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: HammerHead who wrote (24447)	11/23/1997 9:42:00 AM
From: Gary Korn	Read Replies (1) of 61433

Two insiders in ASND just registered to sell 55,969 shares at $25.17. Robert, I don't doubt that this information is correct, but where did it come from? I cannot find it on Edgar Online or on www.insidertrader.com or on Comtex. Please, then, what is the source? If these sales in fact happened, I just don't believe that the insiders, whoever they are, are "less confident." This is my opinion and I have no facts with which to support it, other than the publicly stated opinion of ASND mgmt that ASND will meet 4Q and FY1998 estimates and that ASND revenue will grow well over 30% next year (high single digits for Q1 and Q2 and 10% or more for Q3 and Q4). Gary Korn

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next