Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 202.96

-2.8%

Jan 9 9:30 AM EST

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To: Jeffery E. Forrest who wrote (9638)	8/23/1997 6:26:00 PM
From: Sector Investor	of 61433

While I was giving this reply to Lisa, a thought occurred to me that might be good for a little weekend discussion, for anyone who cares to reply. techstocks.com I mentioned my opinion that the short-term "blinders" the market has seem to be particularly strong for ASND. Yet, this stock is heavily institutionally owned. I would have thought that institutions would be more long-term oriented, but the recent volitivity suggests this is not the case. Does anyone have any opinions WHY this is - or do we just have two types of institutions playing ASND? I'm trying to understand why the 56K and 8-K issues could take this stock down so hard, when the longterm prospects look so good? Is it trading, manipulation, fear or what?

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