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Technology Stocks : Ascend Communications (ASND)
ASND 210.01+1.7%Nov 26 3:59 PM EST
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To: Mark Duper who wrote (58313)12/28/1998 2:39:00 PM
From: RealMuLan  Read Replies (1) of 61433
 
Just a clearification. No! Mory did not own 1,523,843 shares of stocks. That was the number of "Common Stock issuable pursuant to stock options that are currently exercisable or will become exercisable within 60 days of February 28, 1998." I think there is a difference bet. the exercisable options and the stocks actually owned, although I am not an expert on this.

And that Proxy was dated on April 9th. Since then, he did sold/exercised about another 0.5 million shares between mid-April to late-Nov.

Disclimer: currently no position in ASND.
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