Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.50

+1.5%

Dec 24 12:59 PM EST

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To: Jeffery E. Forrest who wrote (9320)	8/20/1997 5:18:00 PM
From: sepku	of 61433

>>>You can make money on asnd every day of the week buying in and out of its spread. I'm not sure I'm following you TIM. What do you mean by , "buying in and out of it's spread."??<<< It's called scalping and is most effective when used by the floor traders who can maneuver and react the quickest...some SOES raiders employ this as well. However, regarding scalping to ASND, there are many more stocks out there that are finer candidates for scalping...ASND has a tiny spread typical of such high volume equities, so it makes scalping a tedious process -- hardly worth it in my opinion. I daytrade, but such efforts on a stock like this one is a waste in my opinion...I hate counting pennies. Style Pts.

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