Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gary Korn who wrote (21123)	11/4/1997 5:39:00 PM
From: uu	Read Replies (3) \| Respond to of 61433

Gary, Just a simple question: If ASND management is in talk to be taken over by some poor sould out there, why would the top officers of the company (including Ejabat the founder and CEO of the firm) want to sell part of their shares (regardless of how large or smalll in numbers) at these low prices?! See the following which was reported just yesterday: stocksmart.com Ejabat sure got a great deal selling his shares at $32-$35?! I was one of the people who bought a portion of the shares he dumped on (after entering at $46.5 and just trying to average down!!!). Regards, Addi Jamshidi

To: Gary Korn who wrote (21123)	11/4/1997 5:39:00 PM
From: Bosco	Read Replies (1) \| Respond to of 61433

Gary - not sure how to read your post. Are you saying, hypothetically of course, ASND is buying another co? Or being acquired? If the former, it is not so hot, since I don't believe it has fully digested CSCC yet. If the latter, I don't think the buyer cares much, since the parties must ve put a $ value on the transaction. rgds Bosco p.s. personally, I'd like to believe that after screwing up for so many times, ASND mgt has decided to use a fresh face for the mouthpiece - and so happen the new CFO has also pushed the right button (I hope)