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Technology Stocks : Ascend Communications (ASND)
ASND 209.15-1.5%Nov 20 3:59 PM EST

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To: Jack Whitley who wrote (24617)11/25/1997 12:42:00 AM
From: Gary Korn  Read Replies (2) of 61433
 
Look at all these insider sales! It must be bad:

Stagno, VP: 15,686 shares
Sanford, VP, 17,000 shares
Schneider, VP 35,000 shares
Evans, Dir., 170,000 shares
Johnson, CT, 10,624 shares
Atkins, Dir., 30,000 shares
Symons, CFO, 160,000 shares
Hendren, VP, 67,292 shares
Ejabat, CEO, 134,341 shares
Kind, VP, 6,250 shares.

And another 6 insiders of another company sold 509,400 shares!

Oops! These were ASND and CSCC (509,400) insider sales not long before the CSCC acquisition.

Incidentally, if Ejabat sold 134,341 shares back in February and only 15,000 shares this go round, he must really be worried. <VBG>

Gary Korn
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