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


To: Zainul Hamza who wrote (40869)3/24/1998 7:31:00 PM
From: bucky89  Read Replies (1) | Respond to of 61433
 
The Ascend CEO owns more than a million shares of ASND today, through options from executive compensation package. The following link to the last schedule 14A available (3/31/97) shows he had 1,320,622 shares back then. Since he has sold at most maybe 200,000 shares over the last year, he still clearly has more than a million shares. What's the big deal if he sells 50,000? That's pocket change for him.

sec.gov

sheesh...there's so much misinformation floating around...(that insiders have sold everything). I've seen a lot more of it on the yahoo thread, which is probably where all this crap started.

bucky89