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Technology Stocks : Ascend Communications (ASND)
ASND 202.23-4.2%Dec 2 3:59 PM EST

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To: username who wrote (28700)12/26/1997 12:04:00 PM
From: Gary Korn  Read Replies (1) of 61433
 
the official NASD definition of "block" is more than 10% of the daily volume averaged over the prior 10 days. I'm not looking at negotiations.

Pete,

Under this definition, you likely were right, not me. To be consistent with NASD definitions, maybe I shouldn't use the term "block." I'll just refer to, say, 20K+ trades (i.e., trades that a retail investor would not likely make).

Anyway, I know you know that ownership of right/wrong isn't important here. (I'm wrong too many times, unfortunately). Through analysis, trial and error, we just hope to get smarter and maybe make some money!

Happy New Year!

Gary Korn
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