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


To: thomas hayden who wrote (22248)11/10/1997 12:17:00 AM
From: Gary Korn  Respond to of 61433
 
Thomas,

I appreciated your post and want to get more information. First, though:

If you look Bill Gates sells the maximum amount of MSFT that he can ever month.

I'd bet you a pizza that no ASND insider sells any stock in November. They are not selling every month. They sold in about 1 week in October.

insider's are limited to the amount of stock they can sell.

When ASND insiders sold in late October, 1 of them sold almost 20% of his holdings. The rest sold virtually none. I therefore doubt that a "cap" was invoked, tho I would like to obtain more information about it. Where might I look? Anyway, I would bet a pizza that no one at ASND ran into a cap on their October sales.

By the way, I see you are a MM! What is the 4 letter symbol of your house, I'll have to look for it. Also, maybe you can shed light on what the 10x10 volume means! It is a mystery wrapped in an enigma, or some such thing.

Thanks in advance!

Gary Korn



To: thomas hayden who wrote (22248)11/10/1997 12:59:00 AM
From: mu_basher  Read Replies (1) | Respond to of 61433
 
Thomas
How is it that NASDAQ <double reports its volume>?
clue me in, I am ignorant to this practice and how it
is achieved.
Greg