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


To: Jan Crawley who wrote (34151)2/10/1998 12:35:00 AM
From: Gary Korn  Read Replies (2) | Respond to of 61433
 
Jan,

I don't know about Mory's share selling schedule. I do know that the open window for insider selling (per ASND rules) is 1 month each quarter. I'm guessing that the open window for this quarter runs through February, so be prepared for more of the same. I wouldn't worry about it, as it is commonplace in companies that pay (in part) with options (though I wouldn't mind having 35,000 shares to sell in the first place).

Gary Korn



To: Jan Crawley who wrote (34151)2/10/1998 12:38:00 AM
From: Larry J.  Read Replies (4) | Respond to of 61433
 
Jan,

I had a conversation several months with Bernie Schneider ago following a rash of insider selling, and recall Bernie stating that Mory did sell on a consistent basis. I believe his last sell was also for 35K shares.

Larry