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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST

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To: Jeff Jordan who wrote (22106)11/8/1997 5:55:00 PM
From: Gary Korn  Read Replies (2) of 61433
 
Jeff,

1. Lvl 2 is $100.m on Track On Line

2. The bid/ask volume always confuses me too. Still, take Morgan Stanley's bid ask of 24.1x25.1 and volume of 10x10. I cannot believe Morgan had 1,000 people lined up to pay 25 1/8 for ASND. That tells me that's its not actual buyers/sellers who are lined up. What do you think? Any expert in this area?

Gary Korn
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