Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.33

+1.1%

Nov 28 9:30 AM EST

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To: HammerHead who wrote (25807)	12/4/1997 10:53:00 PM
From: Clare	Read Replies (3) of 61433

>>If the rumour is true, why so many insiders sold around $25 in November when they can got $35 offer? Can anyone explain this? The logic doesn't sound. Put you in the mgnt position, would you sell at $25 if you had $35 offer. I sure hope it is true, but verify.<< Didn't Maverick report that Mory sold some shares to foil a takeover? I believe Maverick pointed out that Mory joked about $100/share. So if indeed this offer was on the table. Selling by insiders can delay it, or kill the offer?

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