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

To: HammerHead who wrote (25807)	12/4/1997 7:35:00 PM
From: Chris Steele	Read Replies (2) \| Respond to of 61433

Robert, We have had this disscusion many times before. Insiders can not sell after a merger is announced.....so therefore, they have to sell before if they want liquidity Chris

To: HammerHead who wrote (25807)	12/4/1997 7:39:00 PM
From: Dwight E. Karlsen	Respond to of 61433

I agree, Robert. It doesn't sound logical. But then, no one said Mory was ever logical. -G-

To: HammerHead who wrote (25807)	12/4/1997 7:39:00 PM
From: James Young	Read Replies (1) \| Respond to of 61433

Robert - Can you post the insiders' trades?

To: HammerHead who wrote (25807)	12/4/1997 7:43:00 PM
From: sam	Respond to of 61433

Because only certain members of the management team were likely privy to the negotiations. At least, that has been the norm in situations I have been involved with.

To: HammerHead who wrote (25807)	12/4/1997 8:32:00 PM
From: Kansas George	Respond to of 61433

Robert, your question was asked earlier, I also don't understand why insiders would sell if they knew a buyout was pending? Have seen this mentioned before. Anyone? Tim, if my Ascend loss was only 8,000 I would be happy. Maybe now I'll be able to sleep some (also have Coms). I'm one of those investors who just doesn't know how to cut losses. Good Luck, everyone!

To: HammerHead who wrote (25807)	12/4/1997 10:53:00 PM
From: Clare	Read Replies (3) \| Respond to of 61433

>>If the rumour is true, why so many insiders sold around $25 in November when they can got $35 offer? Can anyone explain this? The logic doesn't sound. Put you in the mgnt position, would you sell at $25 if you had $35 offer. I sure hope it is true, but verify.<< Didn't Maverick report that Mory sold some shares to foil a takeover? I believe Maverick pointed out that Mory joked about $100/share. So if indeed this offer was on the table. Selling by insiders can delay it, or kill the offer?