Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 9:30 AM EST

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To: Johnathan C. Doe who wrote (20113)	10/31/1997 2:18:00 AM
From: Augustus Gloop	of 61433

6300? I can't see that at all! As far as MM's being positive in an attempt to dump "their shares". I don't think you fully understand the role of a Market maker. Are you under the impression that they own asnd at 50,40,30 or otherwise? If so that is incorrect. They merley serve as a conduit between buyers and sellers thus making much of their money between the Bid/Ask price. They do have some stock on hand and will use it to short weak handed investors out of solid positions or hold long thus driving up the ask. They are not however sitting on shares of asnd or any other stock at 80 just trying to pump the stock up.

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