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


To: Pat Hughes who wrote (58225)12/21/1998 8:40:00 AM
From: sunfish  Respond to of 61433
 
Pat & JGoren-

The post from the COMS thread indicated that insiders had not sold in August or September, and only sold about 1/10 as much in October as in November. That caught my attention, not that insiders are always selling, nor that these insiders may have net increases in their stock ownership over the period, but that they went from "no sales" to "much higher sales" over this timeframe.

I have no idea whether this is the usual pattern for the quarter in question, nor whether the insider sales may simply be related to the relative stock appreciation of ASND over this period. I myself lightened up my very long ASND position at 61 and change.