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

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To: Ashley Campbell who wrote (44994)4/20/1998 11:12:00 PM
From: The Phoenix   of 61433
 
Ashley,

Yes, I understand that, but then you made the comment about investors selling Cisco and buying ASND. I think my question is, is this really occurring? In fact, I question whether there are more CSCO sells than buys as that data would seem to suggest. Yet, the stock price doesn't reflect this activity. Rather, if you'll note, that the data only tracks trades of <10,000 shares. So, it apparently doesn't capture big block trades. So, what we may be seeing is small investors moving out of Cisco (due it's high valuation?) however, institutions continue to pour money in. With ASND however there is a net inflow of small investor $$. Is this what we're seeing?

OG
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