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

To: Peter Yang who wrote (34969)	2/15/1998 10:00:00 PM
From: Glenn D. Rudolph	Respond to of 61433

ASND dropped to low 20s. Are these insider sales really insignificant? Please comment! Peter, I really doubt these insider sales are significant. They are all a very small portion of the individuals holdings and stock is a good part of their compensation. Also, the visibility on ASND has not been this good for a year.

To: Peter Yang who wrote (34969)	2/15/1998 10:04:00 PM
From: Falcon	Respond to of 61433

Like gary mentioned before, and I concur, many insiders sell their shares or a portion of them to raise some liquidity prior to a merger. Normally after a takeover, there are strict restrictions placed on securities as well as the hassle of transferring certificates into shares of the newly formed company. To avoid the hassles (which can go on for 2-3 months) insiders sell prior to a merger just to have some "pocket change" during the period following a merger announcement.....so dont panic.. Besides, the amount of shares sold by the insiders are a mere pittance compared to the actual number of shares and options they own....so there is not much cause for concern

To: Peter Yang who wrote (34969)	2/16/1998 1:40:00 AM
From: blankmind	Respond to of 61433

i believe gary korn posted on mory's sales of asnd stock, he sells all the time and this was not significant. click on gary's name and check for the post.

To: Peter Yang who wrote (34969)	2/16/1998 11:22:00 PM
From: Marcel	Read Replies (1) \| Respond to of 61433

>>I also remember that last time after Ejabat and others sold at 30s, ASND dropped to low 20s.>> If memory serves, this drop was exacerbated by Asian worries....