Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 212.33

+1.1%

Nov 28 9:30 AM EST

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To: username who wrote (41102)	3/26/1998 1:23:00 AM
From: Peter Yang	Read Replies (2) of 61433

I sometimes get puzzled when people are saying a stock is so great and everyone is buying it. If everyone is buying and nobody's selling, where did those buyers get their shares from? For example, the volume today for ASND is huge, the buying interest apparently was huge, but so was the selling interest. Otherwise, if nobody's selling with some many people buying, ASND could be well over $200 today. It also makes me wonder if those sellers are just so stupid that they sold a stock which we believe would definitely be 40 in a few days. Sorry, not trying to rain on the parade. Just some random thoughts, because these thoughts often pop up whenever I saw people selling my favorite stocks.

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