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


To: MR who wrote (27975)12/16/1997 7:58:00 AM
From: Gary Korn  Respond to of 61433
 
This is not a good sign. These insiders selling at a low. Not much confidence in the company. What's your read?

I certainly don't read this is a sign of no confidence. It is either a pre-merger disposition for liquidity or simply a pent up demand for liquidity (insiders could not sell for quite some time, and the window closed on 11/28). Far more important is the repricing of stock options on 11/28.

Gary Korn