Ascend Communications (ASND) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Joe Fang who wrote (19549)	10/28/1997 10:08:00 PM
From: Glenn D. Rudolph	Read Replies (1) of 61433

It has been able to handle 2.5 billion shares in volume and now they are going to increasing it to 3.5 billion. Source of Info: my econ professor, Dr. W. Freund, formerly a high ranking executive at the NYSE. Joe, I recently visited the NYSE. One year ago. The person giving the tour indicated 1 billion shares was top compacity for the new computers they had installed. Trade confirmations on market orders were still showing up at some trading houses as late as 5 PM ET. I really do not know which figure is accurate. I assumed the tour person would have known. They planned on the present upgrade to last until the year 2005. That is all I know. Glenn PS The NYSE never handled more than 800 million shares prior to today. That is on their web page. I do not know where your Econ professor got his/her information

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next