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Technology Stocks : Ascend Communications (ASND)
ASND 205.90-1.3%3:53 PM EST

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To: jhild who wrote (23503)11/14/1997 4:52:00 PM
From: Gary Korn  Read Replies (3) of 61433
 
Gary, don't you think the volume overall was a little light? Those blocks if that's all of them, represent about 600k shares (just eyeballing) which looks like about 16% of overall volume. That seems light to me.

Is this about the same number of daily trades over 20k you have been seeing (excepting of course those 20M+ days)?


Volume was extremely light for this stock. Still, the number of block trades today compared to last week suggests accumulation to me.
I will have to wait for a Market Guide update to confirm if net institutional selling has declined.

By the way, can anyone tell me how to start a new thread, call it ASND-MarketGuide, so I can store these screens? Or, could someone start that thread for me. Thanks.

Gary Korn
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