Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.50

-1.5%

Dec 5 3:59 PM EST

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To: Douglas V. Fant who wrote (22378)	11/10/1997 4:13:00 PM
From: Harry Ehrlich	of 61433

Doug, I didn't see that. I don't have a level II, I just use the bid/ask size from Lombard (I trade part time and am usually not home during trading hours). But I saw continuous large size on the ask side, with small size on the bid side during the last 10 minutes. I saw no large bid sizes after 3:50. I don't know how reliable or accurate that Lombard info is. But it seems that there was a significant drop in the last few minutes. It is the professionals that trade in the last few minutes and my feeling is that the weakness will carry into tomorrow. I know I have been negative on ASND lately and I don't mean to be the "gloom & doom" guy here. I remember making money on ASND back when it was at 70. But things just don't look good right now. I also feel that the recent market low will be retested before a bull market can continue. And that will definitely not be good for ASND. Oh well. Good luck to all, Harry

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