Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 200.28

-1.0%

Dec 3 3:59 PM EST

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To: FUZFO who wrote (40540)	3/23/1998 10:48:00 AM
From: Inga	Read Replies (1) of 61433

Even though the Asnd ship got hit by an Adams torpedo this morning, INCA (institution) is buying in small blocks (4500-5000 shares). Selling is light, mostly small retail orders. Looks like support at 31 15/16 and resistance at 32 3/16 will be there for a while today. I am adding some short positions to my straddle just in case investors decide today the stupid news is bad. Good luck.

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