Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.50

+0.5%

Nov 21 9:30 AM EST

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To: mark alan rosenberg who wrote (21921)	11/7/1997 4:40:00 PM
From: Gary Korn	Read Replies (1) of 61433

[ASND] is a great value-when will the institutions see this? Mark, Maybe they are beginning to step to the plate. I pointed out one clear instance of institutional accumulation this morning. This afternoon, many of the MMs were not in the market to sell their holdings: The closing ask at Morgan Stanley is 25 1/8. This is not a company looking to unload ASND. Ditto Bear Stearns asking 24 7/8 and Everen (and a bunch of other MMs) asking 24 3/4. Gary Korn

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