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


To: Tim Luke who wrote (58217)12/19/1998 11:09:00 AM
From: boydude  Respond to of 61433
 
If a stock split were coming couldn't that account for them getting rid of some their shares?

Boydude



To: Tim Luke who wrote (58217)12/19/1998 3:17:00 PM
From: ROI50  Respond to of 61433
 
Hi Tim, What are you basing the idea that IBM might buy ASND? I have owned ASND for awhile and have come across rumors of various suitors but nothing that panned out. Do you have anything more concrete? Are you figuring near future or longer term? What do you think ASND could do for IBM? Thanks-



To: Tim Luke who wrote (58217)12/20/1998 8:17:00 PM
From: sunfish  Read Replies (2) | Respond to of 61433
 
insider sales of ASND (posted on the COMS thread)

<html>http://www3.techstocks.com/~wsapi/investor/reply-6894463 </html>

To: Harry V. Poloshjian (26217 )
From: Mang Cheng
Friday, Dec 18 1998 2:50PM ET
Reply # of 26240

Insiders selling asnd :

"Who has networking's inside track?
It doesn't look like insiders at Ascend Communications (ASND) are
planning to sell their company to Lucent Technologies (LU) anytime
soon, even though rumors of some kind of combination between the
two companies are a staple of Wall Street chatter. Ascend's name
keeps coming up whenever analysts opine that Lucent needs to make a
big purchase of a major Web networking company in order to compete
head-to-head with Cisco Systems. But nine Ascend insiders sold almost
500,000 shares in November -- including a 100,000-share sale by the
company's CEO. That's a big increase from October, when insiders
sold just 66,000 shares. No insider sold in August or September. It's
unlikely, I think, that insiders would be heavy sellers if they were
planning a deal that could get them a big acquisition premium on their
holdings.

moneycentral.msn.com

Mang