Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.01

+1.7%

3:59 PM EST

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To: uu who wrote (22478)	11/11/1997 12:47:00 AM
From: Douglas V. Fant	Read Replies (2) of 61433

Addi, Makes sense. I monitored the ASND buy/sell order balance all day today just out of curiosity. The order balance was pretty close one way or the other most of the day near even until the last 15 minutes of trading. Now unless my quotation service had technical problems, at that time buying interest spiked significantly with the buy sell order imbalance peakingat 13,700 shares sought on the buy side versus 1,000 shares offered by the MM's, but usually ranging in the area of a 2 to 1 or 3 to 1 buy order imbalance. Yet the price of ASND still sank the entire last 15 minutes- very strange indeed! So anyway the pattern "piqued" my curiosity so I bought a few hundred shares of ASND too @ 23/share in the last 10-minutes. Tomorrow will show whether I am a complete fool or if as you point out we have a pattern repeating itself here.... Sincerely, Doug F.

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