Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 220.42

+4.9%

Dec 12 9:30 AM EST

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To: Darren who wrote (48480)	6/9/1998 6:02:00 PM
From: stilts	of 61433

I would think that it was not index funds buying today, but other investors buying in anticipation of the index funds buying. Any index fund buying today would be buying a non-index stock. Likewise, the index funds would likely sell DEC at the market on close price on the day, or day before, DEC ceases to exist. I could be wrong, but it seems like a logical theory. stilts

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