Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.43

-1.2%

3:36 PM EST

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To: Gary Korn who wrote (35334)	2/19/1998 12:59:00 AM
From: blankmind	Read Replies (1) of 61433

I guess the following means that, on a net basis, 128,800 more ASND shares were purchased today from MMs than were sold to MMs. -gary k i do not believe this interpretation is correct. i believe the tick indicate price at which the stock sold. this has nothing to do with buying/selling more shares by the mm. uptick - price higher than previous price downtick - price lower than previous price zero - no change from last price end of the day you subtract the down ticks from the up ticks to calculate if more trades were on the uptick or down tick. the 128,800 means we had 128k more uptick trades than downtick trades. the zero ticks are not counted. lombard includes a snapshot of this in there quotes, and if you see a bunch of -, you should wait to buy, and a + shows a rising price.

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