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Technology Stocks : Ascend Communications (ASND)
ASND 215.25-1.0%Jan 15 3:59 PM EST

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To: Kent Rattey who wrote (10491)9/4/1997 11:17:00 AM
From: Finder   of 61433
 
Ascend is down hard on BIG volume.

Second on most active list. Other than FORE (a perenial loser) Ascend appears to be the only major networking stock that is down today.

I wonder who is selling big. Maybe the upgrade yesterday was to give Furman Selz clients a chance to sell. Someone is sure using it as an opportunity. With this massive volume to the down side stock can not break out. Any atttempt to rise is met by renewed massive selling.

Why?
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