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


To: Tim Luke who wrote (21475)11/6/1997 10:11:00 AM
From: Perry  Read Replies (1) | Respond to of 61433
 
Can anyone comment on the article below stating that there is insider trading again? Is this old news?

Thursday November 6 9:01 AM EST

BEFORE THE BELL - Intel Corp dips

NEW YORK, Nov 6 (Reuters) - Shares in semiconductor maker Intel Corp eased in pre-opening trade Thursday to
stand out in a quiet market, dealers said.

''It's really quiet. There's really nothing going on,'' one said.

Intel was trading at 74 from a Wednesday closing price of 74-10/16. Shares in the company had risen to 75 in
after-hours trade Wednesday.

Among other active shares, Ascend Communications Inc (ASND) was trading at 26-1/8, up from a closing price of 26.

Six executives of the company filed plans last week to sell up to 325,000 shares of common stock, according to
documents filed with the Securities and Exchange Commission.

The move came just days before the networking company told investors it expected slowing sales for the next few
quarters.



To: Tim Luke who wrote (21475)11/6/1997 10:11:00 AM
From: Willsgarden  Read Replies (1) | Respond to of 61433
 
OK i"ll start the ball rolling....Bill Monier reitterates a strong buy......
Seriously...does anyone think their statements were conservative so that they can possibly beat estimates next quarter????

TO ALL: thought that a news center thread was missing on SI so had this thought.....any comments and contributions appreciated.

Subject 17972