Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 209.02

-0.7%

Nov 24 3:59 PM EST

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To: gbh who wrote (42615)	4/7/1998 2:13:00 PM
From: Jeffery E. Forrest	Read Replies (1) of 61433

I'm not sure what to make of it. It could simply be daytrader raid. You'd be suprised how much they can move a stock. I've often seen them zero in on a stock, run it up, and just as quickly take profits, leaving the long term shareholders wondering what the hell happened. I'm watching an ECN screen and it appeared that daytraders were piling in ahead of a larger MM buy and taking advantage of an imminent uptick. Not sure of this though. Whatever the case, it's having a hellofa time making it past 3/4.

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