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


To: Peter Yang who wrote (25198)12/2/1997 3:23:00 PM
From: vegetarian  Read Replies (3) | Respond to of 61433
 
>>I don't think ASND will miss this quarter. If they do, they'are inviting big troubles for those directors who have sold shares recently. Isn't it illegal to trade based inside information?

I intend to believe this quarter will be OK based the insider trading activities.<<

Cute post; correct observation, innocent hypothesis, super-cute interpretation.
Never thought insider selling could be interpreted this way; keep it up buy some more ASND, it is cheap. ;-)



To: Peter Yang who wrote (25198)12/2/1997 4:47:00 PM
From: HEXonX  Respond to of 61433
 
>>I intend to believe this quarter will be OK based on the insider trading activities.<<

Peter, good point. This makes sense if they do have a good shot for
earnings, then the insiders would be allowed to trade now without any
repercussion.

Currently, the TA looks very short term Bearish. Stochastics shows
this signal with a downward movement from 80 to 20 today. Then staying
below 20 because the whole sector was down. Long term, I believe the
200 and 50 will cross the end of this year close to 26 - 28.
Stochastics is showing a Bullish trend long term and in a slow upward
movement on the 20 line. The last time it did that was mid October
where it moved up ~3 points.

Anyone else care to speculate. At least for moral support :o)

HEX



To: Peter Yang who wrote (25198)12/2/1997 5:06:00 PM
From: Gary Korn  Read Replies (1) | Respond to of 61433
 
After-market trades, 12/2/97:

tl: prev: ASND ASND - Transaction Log 4:55:00 S 2000 24:7 T 4:08:53 S 400 23'31 T 4:25:16 S 2000 23.2 T 4:07:33 S 400 23.7 T 4:23:57 S 2000 23.2 T 4:07:29 S 1900 23:F T 4:20:33 S 1000 23.5 T 4:06:45 S 100 23:F T 4:20:33 S 4000 23.5 T 4:05:55 S 2000 23:F T 4:18:44 S 1000 23.6 T 4:05:47 S 600 23.7 T 4:18:25 S 1000 23.6 T 4:05:30 S 200 23.7 T 4:18:20 S 500 23.6 T 4:05:10 S 2200 23.7 T 4:18:19 S 800 23.6 T 4:04:13 S 5000 23:T T 4:18:19 S 800 23.6 T 4:03:47 S 5000 23.7 T 4:17:58 S 3000 23:T T 4:02:51 S 1000 23.7 T 4:17:53 S 500 23.7 T 4:02:49 S 1800 23.7 T 4:17:53 S 1000 23:T T 4:02:40 S 1000 23.7 T 4:17:37 S 1400 23.7 T 4:02:40 S 500 23.7 T 4:17:34 S 1000 23.7 T 4:02:29 S 1000 23.6 T 4:17:15 S 900 23.7 T 4:02:19 S 200 23.7 T 4:17:02 S 100 24 T 4:02:18 S 30000 23.7 T 4:16:28 S 3700 23.6 T 4:02:02 S 300 23.7 T 4:14:26 S 5000 23:F T 4:02:02 S 2000 23.7 T 4:13:42 S 800 23:F T 4:01:55 S 700 23:T T 4:10:38 S 1500 23.7 T 4:01:53 S 2000 23.7 T



To: Peter Yang who wrote (25198)12/2/1997 5:07:00 PM
From: Gary Korn  Read Replies (1) | Respond to of 61433
 
I don't think ASND will miss this quarter. If they do, they'are inviting big troubles for those directors who have sold shares recently. Isn't it illegal to trade based on inside information?

I intend to believe this quarter will be OK based on the insider trading activities.


Peter,

The above is an excellent point supported by articles recently posted to the thread on the same issue. You could say that now is the safest time to buy ASND, as there cannot be bad news out there that insiders are trading on.

Gary Korn