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Technology Stocks : Ascend Communications (ASND)
ASND 205.90-3.5%10:43 AM EST

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To: Andrew White who wrote (17991)10/17/1997 12:32:00 AM
From: invest04   of 61433
 
Andrew...LOL...I do agree...i realize that asnd has been known to trade a few shares per day, but if you look at the after hour activity, I, like you, come away with the sense that this is not normal...200k and 100k buys above the close as I recall...my original post back a bit was getting at that, e.g. my disbelief that the trading activity today was being seemingly ignored by you rumor mongers...<G>

Ok, so what we have is the UBS report and Mory's comments that came out today...so I am to conclude that someone was so impressed by Mory's tie, that he (or she) decided to spend $17million on the stock...and some other folks, cause they are a good-hearted group, decided to buy 200k and 100k after the close at a price higher than when it closed, even though the general market tanked along with almost every other tech stock.

Ok, sure, that makes sense.
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