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


To: Larry J. who wrote (19817)10/30/1997 1:19:00 AM
From: Gary Korn  Read Replies (1) | Respond to of 61433
 
Larry,

Thanks. You just posted some pretty insightful commentary yourself!
I'm going to try to talk to a friend of mine who is a securities lawyer. I want to know if insider shares held in ASND do in fact become restricted after announcement of a merger into another entity and, if so, for how long. I also want to know if pre-merger planning by insiders typically includes a sell-off of some small stake.

Gary Korn