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


To: Gary Korn who wrote (19810)10/30/1997 12:38:00 AM
From: Gary Korn  Respond to of 61433
 
You want to see a "bailout," look at Nike (NKE) insider sales reported in July (just when they called a conference to tout how the company was going great guns!):

CFO sold 20,000 of his 21,000 class b shares
VP Law sold 25,000 of his 28,000 class b shares
VP sold 56,000 of his 57,000 class b shares
COO sold 20,000 of his 21,000 class b shares
Secy sold 154,000 of his 611,000 class b shares

Nothing that has happened with ASND insider selling is remotely close to this kind of sell-off.

Incidentally, and unlike what happened with Nike, no ASND insider sold in July when they said it was doing well.

Gary Korn