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


To: vegetarian who wrote (24796)11/26/1997 4:09:00 PM
From: Chris Steele  Read Replies (3) | Respond to of 61433
 
>Can understand ASND insiders selling, the CSCC insider selling seems >interesting.The only way to justify CSCC insiders selling was: CSCC >buyout was based on exchanging 1

Mcarter,

Like I said, many of the others can detail this, especially Gary(he has been following sales at CPQ, COMS, ASND, etc) but my basic take was that they were selling because after the merger was announced, they couldn't. makes sense to me. Besides the insiders didn't pay $40/share for the ASND they are selling at $35....everyone needs to remember that. Off to Thanksgiving....you all have a good turkey day!!

Chris