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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Gary Korn who wrote (19544)10/28/1997 9:57:00 PM
From: xiang chen  Read Replies (1) | Respond to of 61433
 
Gary: that's ok !
i myself also can't confirm Dahl's selling but that
was what the post said. but even without Dahl's, i
still treat these insiders selling are
very serious, esp. at current 'bargain' price which
most of us thought as. why do they want to sell ?
margin call ? kidding ! they need money for thanksgiving
or christmas ? unlikely ! even they were paid by shares
it still doesn't count !
i think this is the very reason for today's decending
performance. once again, asnd reminds me of ifmx now
ifmxe before its big collapse. maybe Tim Luke is right
that asnd's worst is not over or maybe Tim Luke is
wrong because he still thinks asnd will be good holding
for the next 6-12 months. as for good news, if you checked
the history, before ifmx's crash, there are bunches of
good news hitted the public. maybe i am over nervous,
but i will sell all my shares at the opening(i think there
may be a gap open) tommorrow
even taking loss because i don't smell safe from it.
maybe i am wrong but i don't want to sleep with opening
eyes so even i am wrong I am still happy.

once again, Ejabat would not be so stupid to sell shares
before a takeover happens ! THERE IS NO TAKEOVER BUT
MAYBE SOMETHING WORSE.

Good luck for ya all !

xc