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


To: Jack Whitley who wrote (24617)11/25/1997 12:24:00 AM
From: Gary Korn  Respond to of 61433
 
Useless Fact? Volume = 3,175,200 on 11/24/97

Volume today was 3,175,200, the lowest daily volume in ASND since 5/23/97. Volume over the last several days has almost evaporated.

Back on 5/23, volume was 2,716,800 and the closing price was 51 1/2.

Gary Korn



To: Jack Whitley who wrote (24617)11/25/1997 12:42:00 AM
From: Gary Korn  Read Replies (2) | Respond to of 61433
 
Look at all these insider sales! It must be bad:

Stagno, VP: 15,686 shares
Sanford, VP, 17,000 shares
Schneider, VP 35,000 shares
Evans, Dir., 170,000 shares
Johnson, CT, 10,624 shares
Atkins, Dir., 30,000 shares
Symons, CFO, 160,000 shares
Hendren, VP, 67,292 shares
Ejabat, CEO, 134,341 shares
Kind, VP, 6,250 shares.

And another 6 insiders of another company sold 509,400 shares!

Oops! These were ASND and CSCC (509,400) insider sales not long before the CSCC acquisition.

Incidentally, if Ejabat sold 134,341 shares back in February and only 15,000 shares this go round, he must really be worried. <VBG>

Gary Korn



To: Jack Whitley who wrote (24617)11/25/1997 9:17:00 AM
From: Tim Luke  Respond to of 61433
 
INDV TOO!