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Technology Stocks : Ascend Communications (ASND)
ASND 197.66+0.4%2:53 PM EST

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To: IncredibleHult who wrote (28151)12/17/1997 7:15:00 PM
From: IncredibleHult  Read Replies (1) of 61433
 
TRADE SUMMARY

VOLUME 4,186,600
NUMBER OF TRADES 4,755
WEIGHTED AVERAGE PRICE 25.8705
SPREAD/PRICE RATIO .0025
AVERAGE TRADE SIZE 888

TRADES AT THE BID 2,330,300
TRADES IN THE MID 384,600
TRADES AT THE ASK 1,471,700

Generally speaking, when most of the trading volume is at the bid
that means more selling. There was alot of pressure today in the afternoon. The morning was filled with 10K blocks at the ask, mostly positive. It is oversold right now expect gap up in the morn unless other bad news pervades.
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