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


To: mark alan rosenberg who wrote (20386)11/1/1997 1:59:00 PM
From: uu  Read Replies (5) | Respond to of 61433
 
Mark:

You state:
> A smart business man wants to diversify: maybe he wants some
> safe yield instruments for safe money. I call this a good "hedging"
> stratgey.


Mory Ejabat then by your logic must really be a very well diversified man since he has almost unloaded the majority of his ASND shares within the past 18 months, and everytime unloaded his ASND shares at almost the top (look up his SEC filing and sells last year at around $75-$80/shr).

Anyway, I really do not care much about insider selling as long as the company funamentals are strong which I believe ASND's are. But what really upsets me is lack of respect for share holders from ASND's management and their lack of response and communications with them. I remember the current CEO of Compaq sold his entire stake back in 1995 at around $17.5 (split adjusted), and a lot of concerns were raised at the time. But we all know how the company has been doing since then. The difference is CPQ's CEO kept in contact and was up front with analysts and share holders while ASND's CEO seems to be too egotistical to allow himself doing that!

Regards,

Addi Jamshidi