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Technology Stocks : Ascend Communications (ASND)
ASND 218.21+0.8%3:32 PM EST

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To: drdan who wrote (56594)10/29/1998 10:23:00 AM
From: ibrandybuck  Read Replies (1) of 61433
 
<"why would insiders sell off if they were to be acquired shortly at a higher than present price?">

Insiders are typically restricted from any selling for an extended period of time after a merger. I'm sorry, I don't remember the specifics, or whether it can vary. For insiders who already have restricted selling windows, but whose income is largely dependent upon stock options, this can present some discomfort.
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