Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 205.72

+2.7%

12:01 PM EST

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To: blankmind who wrote (40181)	3/19/1998 2:17:00 PM
From: Gary Korn	Read Replies (1) of 61433

Blankmind, In response to your question, every indication from level 2 (as poorly as I read it, an important caveat) is that ASND will trade down today and that there certainly seems to be enough selling pressure from INCA in particular (institutional trading) to take us down to 30 by tomorrow if this week-long trend continues. Level 2 can change very quickly and very dramatically on a moment's notice. However, I keep seeing strong selling, followed by mild buying, followed by strong selling. INCA keeps coming up as lopsided on the ask. TNTO often comes up as 0 on the bid. GSCO often comes up on the ask. This all can change in a heartbeat, but that is what I'm seeing. Gary Korn

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