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

To: Buzz Mills who wrote (22093)	11/8/1997 3:37:00 PM
From: Gary Korn	Respond to of 61433

Buzz, Many of the trx listed for November in Stocksmart were reported in October on Edgar-Online. More importantly, as is evident from the reported selling price alone, there were no ASND insider sales in November. All of the sales of unregistered securities (the only thing reported in a 144) were executed sometime within the last 2 weeks of October, pretty much by October 24, since the stock fell well below 33 on Monday, the 27th and never came back, even for an intraday high. Gary Korn

To: Buzz Mills who wrote (22093)	11/8/1997 3:46:00 PM
From: Gary Korn	Respond to of 61433

Buzz, It is worth posting, again, the definition of a form 144, as first posted by Maverick. The definition is from Edgar Online. Note the bolded portions: 144: This form must be filed by "insiders" prior to their intended sale of restricted stock (issued stock currently unregistered with the SEC). Filing this form results in each seller receiving an automatic exemption from SEC registration requirements for this one transaction. A Form 144 is NOT an EDGAR electronic filing; each 144 is filed by the seller in paper during the day at the SEC. EDGAR Online cumulates and adds all of the current day's 144 paper filings to our electronic database at the END of each business day. The value of the EDGAR Online end-of-day listing of 144's is that the first notification of a 144 filing sometimes is the precursor of other 144 filings. 144 sales frequently come in clusters caused by events such as the end of a "lock-up" period or stock options being exercised and can be used to successfully project the onset of increased "sell side" activity in the stock of the target company. Other uses of 144's include targeting individuals who will be coming into money and may wish to deploy such funds. Thus this timely information is the source of myriad business intelligence uses.