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


To: blankmind who wrote (34901)2/15/1998 8:51:00 AM
From: Glenn D. Rudolph  Respond to of 61433
 
ASND: COWEN & CO. made new estimate for long term EPS growth
of 22.50% per year on 01/19/98
ASND: OLDE DISCOUNT decreased estimate for quarter ending
03/98 from $0.26 to $0.25 on 01/29/98
ASND: OLDE DISCOUNT has reiterated estimate for quarter ending
06/98 of $0.28 on 01/29/98
ASND: OLDE DISCOUNT increased estimate for fiscal year ending
12/98 from $1.14 to $1.16 on 01/29/98
ASND: OLDE DISCOUNT increased estimate for quarter ending
09/98 from $0.29 to $0.30 on 01/29/98
ASND: OLDE DISCOUNT increased estimate for quarter ending
12/98 from $0.31 to $0.33 on 01/29/98
ASND: OLDE DISCOUNT made new estimate for fiscal year ending
12/99 of $1.46 on 01/29/98
ASND: OLDE DISCOUNT made new estimate for quarter ending 03/99
of $0.34 on 01/29/98
ASND: OLDE DISCOUNT made new estimate for quarter ending 06/99
of $0.36 on 01/29/98
ASND: OLDE DISCOUNT made new estimate for quarter ending 09/99
of $0.37 on 01/29/98
ASND: OLDE DISCOUNT made new estimate for quarter ending 12/99
of $0.39 on 01/29/98
ASND: UTENDAHL CAPITL decreased estimate for fiscal year
ending 12/98 from $1.40 to $1.20 on 02/09/98
ASND: UTENDAHL CAPITL increased estimate for long term EPS
growth from 19.10% to 20.00% per year on 02/09/98
ASND: UTENDAHL CAPITL made new estimate for fiscal year ending
12/99 of $1.44 on 02/09/98
ASND: UTENDAHL CAPITL made new estimate for quarter ending
03/98 of $0.26 on 02/09/98
ASND: UTENDAHL CAPITL made new estimate for quarter ending
06/98 of $0.29 on 02/09/98
ASND: UTENDAHL CAPITL made new estimate for quarter ending
09/98 of $0.31 on 02/09/98
ASND: UTENDAHL CAPITL made new estimate for quarter ending
12/98 of $0.34 on 02/09/98
ASND: WESSELS ARNOLD decreased estimate for long term EPS
growth from 50.00% to 30.00% per year on 02/05/98
ASND: WESSELS ARNOLD increased estimate for fiscal year ending
12/98 from $1.10 to $1.18 on 02/05/98
ASND: WESSELS ARNOLD increased estimate for quarter ending
03/98 from $0.22 to $0.25 on 02/05/98
ASND: WESSELS ARNOLD increased estimate for quarter ending
06/98 from $0.26 to $0.27 on 02/05/98
ASND: WESSELS ARNOLD increased estimate for quarter ending
09/98 from $0.29 to $0.30 on 02/05/98
ASND: WESSELS ARNOLD increased estimate for quarter ending
12/98 from $0.32 to $0.35 on 02/05/98
ASND: WESSELS ARNOLD made new estimate for fiscal year ending
12/99 of $1.55 on 02/05/98
ASND: WESSELS ARNOLD made new estimate for quarter ending
03/99 of $0.34 on 02/05/98
ASND: WESSELS ARNOLD made new estimate for quarter ending
06/99 of $0.37 on 02/05/98
ASND: WESSELS ARNOLD made new estimate for quarter ending
09/99 of $0.40 on 02/05/98
ASND: WESSELS ARNOLD made new estimate for quarter ending
12/99 of $0.44 on 02/05/98



To: blankmind who wrote (34901)2/15/1998 12:01:00 PM
From: Gary Korn  Read Replies (2) | Respond to of 61433
 
correct me if i am wrong, but i believe you mentioned during one of these discussions on insider selling, selling may increase prior to a buyout because then an insider will need to wait a certain amount of time before they can sell again. and this period of time could be lengthy depending on negotiations.

Blankmind,

1. Technically, once material non-public information exists, insider buying or selling is prohibited. Insiders might feel comfortable selling (for liquidity) until a letter of intent is in writing. Before that time, during non-public negotiations, it is anyone's guess. Regardless, once material non-public information exists, no activity is permitted.

2. If a merger were to be announced, insiders could sell during the period between announcement and shareholder approval. However, this would be rather tacky, and a bad sign to shareholders (after all, the insiders want their vote on a deal that is supposed to be good for shareholders).

3. After the merger is final, there is an SEC lock-up period until, I believe, the 8-K is released. (I may be wrong on the end-date of the lock-up period.)

Gary Korn