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


To: FUZFO who wrote (37350)3/3/1998 4:26:00 PM
From: Greg h2o  Read Replies (1) | Respond to of 61433
 
Another contract announcement at 4:16....don't have the details, yet.



To: FUZFO who wrote (37350)3/4/1998 6:52:00 AM
From: Stimpson J. Cat  Respond to of 61433
 
>3)That thing about employees cashing in their options and selling on >first trading day of march,(although its only hearsay as far as I >know

It wasn't a rumour and it was significant. It's public information. Ascend repriced all underwater options to $24.44 & blacked out all sales of said options til Mar 2nd. I'm pretty sure repricing options is something you must file for with the SEC.

I'm really surprised that folks here didn't know about this. But when the market picks back up, so will ASND.