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

To: Gary Korn who wrote (24056)11/19/1997 6:48:00 PM
From: The BayWatcher  Read Replies (1) | Respond to of 61433
 
Gary, thanks for your informative posts. The insider sale you noted was for a significant amount and virutally at ASND's low. Like you, I find it difficult to understand except for the obvious-- there is some very bad news on the horizon. I'm tempted to sell at a very small profit but will probably wait for Friday's option expirations. What's your current take on ASND in the short term?



To: Gary Korn who wrote (24056)11/19/1997 9:46:00 PM
From: Glenn D. Rudolph  Respond to of 61433
 
1. Why didn't he sell more back at 37? He did not anticipate the stock falling further at that time??? 2. Maybe he got hit with a margin call on his other holdings? That is very possible. It is likely he is in other stock and most likely techs which have been hit the hardest. Glenn


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