Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 216.57

+5.9%

Nov 17 3:59 PM EST

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To: Marcel who wrote (37493)	3/4/1998 10:40:00 AM
From: Inga	Read Replies (1) of 61433

We are being held down by this big Instinet SELL block starting from 99900 shares at 34 11/16. Its size has been cut down to 90000 shares. Looks like this institution does not want to sell below 34 1/2 hence no drastic price ersosion yet. I don't know if this is a good sign. If there are no more sell blocks like that, we might get to 35 today.

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