Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 9:30 AM EST

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To: Tim Luke who wrote (15397)	9/30/1997 9:26:00 AM
From: STOCKaHOLIC	of 61433

Tim re:"The stock starts to fall again after a little run-up and closes below what the chasers bought at (oh sht) -yes"* You've got that right! The old start UP then nose dive at 10AM has happened all the way down from $60. As the stock price goes up between 9:30 and 10AM people start placing market orders, as fast as they can press thier buttons. Then at 10AM, big trades start going off on the BID. I even fell for this once. Phil

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