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

To: Ali Shahbaz who wrote (40534)	3/23/1998 8:52:00 AM
From: frank/fla.	Read Replies (1) \| Respond to of 61433

Facts...about 600,000 shares were sold by about 8 officers. M sold 85000 all this happened in Feb. at about 33 a share. This was the second largest insider trading since early 97. Since then Mory has made his speech to investor, analyst, investment houses etc. The stock went down last week as did the whole sector. A large portion of the money was moving into oils. 3,000 put options were bought on Friday for the April 30's, some have said this says someone knows something. Gary got out of asnd. All these are facts. Insiders in these stocks sell because they get options...and they like money, and its tax time. It would be very stupid and even worse for Mory to do all these dog and pony shows when he knew (and if anyone "knows" he certainly does) things were really bad and then to tell everyone they are really good. Why? there is no reason unless he really likes pi--ing off the whole investment community. Stock went down last week and the whole sector, "WHO" knows something.Money left and went into oils , now we know why. Put Options bought...could be a bullish sign...the options limits ones downside at 30 while if you think the stock is going up to 40 it more than pays for your safety precaution. Gary out of asnd now that scares me!