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


To: robert marshall who wrote (19796)10/29/1997 11:47:00 PM
From: Gary Korn  Read Replies (1) | Respond to of 61433
 
Then Chi-X aims me at a insider trading link that verifies 9 million in insider exodus

It wasn't 9M shares. It was just about 280,000 shares, with a dollar value of about 9M. Only 15,000 were Ejabat's. This is really miniscule. Check out the ASND proxy statement....he owns over 1.3M shares, and gets another 400,000 or so yearly.
Bottom line, the insider sales were of no negative consequence.

Gary Korn