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


To: Darren who wrote (46804)5/13/1998 10:42:00 AM
From: gbh  Read Replies (1) | Respond to of 61433
 
Guess it's not so funny any more, huh?

Presumes it was funny to begin with.

I guess I would view that as the CFO trying to make the street think that something could happen, and the fact that everybody else is bailing really has no meaning at all...but we know the truth don't we.

This is quite a stretch. If you've followed the company for any length of time you would know this is not Ashby's MO, at all. Not even close.

I guess its just all of us delusional people on this thread who regard this guy as honest, and the one sane guy, you, who thinks otherwise.

As far as the truth; lots of guys sold, one guy bought. I would guess the sellers aren't too happy now, and the buyer is. Anyway, if I recall, I regarded this "fact" with concern.

Your short induced fear mongering is beginning to reach fever pitch now.



To: Darren who wrote (46804)5/13/1998 10:45:00 AM
From: Narotham Reddy  Read Replies (1) | Respond to of 61433
 
Darren I am looking at Vickers Insider report right now..

I have all ASND inside Buy/Sell reports till 4/30/98. I can dump
the data for any period.

Who is this person in question at ASND dumped these shares ?

Narotham



To: Darren who wrote (46804)5/13/1998 5:49:00 PM
From: Jeff Jordan  Read Replies (2) | Respond to of 61433
 
All these employees remember DSND too...and they were in a
trading window. Volvos to buy, vacations to Kona, etc.


Darren,

Have you met or talked to any Ascend employee's or is this your conjecture?

When ASND fell last fall I did talk with several engineers from Ascend about the stock price/product/WS/....they were all extremely excited/confident/ and so happy to be where they were working it was sickening. ASND is very generous w/ stock options to their employees.

The CFO was brought in last winter after the slide. He is in great part the reason ASND has regained WS's confidence in the company.

I haven't read but a few posts here today...but as I recall there hasn't been any significant insider selling.

I'm sure many very smart investors on this thread are familiar with this trading pattern in ASND. It simply has no where to go....until options flux what little there is this month is over. Now, that some inflation/interest rate/earnings fears are passing Ascend has room to continue it's Ascent. Monday is an excellent day to buy calls.

In my opinion ASND is not that great a trading stock anymore...it's a strong buy/buy on dips hold stock. I forgot about the LU takeover rumors back in Jan. I'm not up to speed on the lastest round, but be wary of the source is my motto.

All of the above are just my views as of today.

Jeff