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Technology Stocks : Ascend Communications (ASND)
ASND 213.36-3.3%Dec 15 3:59 PM EST
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To: Tim Luke who wrote (33608)2/5/1998 11:07:00 PM
From: Sure Thing  Read Replies (1) of 61433
 
Tim,

I do not have the inside track as to why the volume was high.
However, I think it's quite likely that MM's, fund managers, and
individual investors felt that the NAS rally would start to
carry ASND with it, when that occured the day after the rally
started the price improvement gave way to stock confidence and
then the analysts got behind the stock today and wah-la!

- Sure Thing -

- Or it could be the take over rumors? -
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