Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 206.52

-1.2%

Nov 25 3:59 PM EST

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To: Sriram S. Konkipudi who wrote (43955)	4/13/1998 10:25:00 AM
From: Dennis R. Duke	Read Replies (2) of 61433

I was watching the trades go by for about 10 minutes between 9:50 and 10:00 EDST, and did not see any big trades. Largest I saw was 8,000 share sell. Anybody got a handle on big block volume or transactions. ASND has been making presentations to funds, and I was told they maybe waiting for earnings to come out. We had earnings, my guess is the buying will start soon. UBS upgrade. I am checking ML's research database, so far Joe Bellace has not reported on ASND specifically. I am guessing he will later today or early tomorrow. ML currently has it two steps below its highest rating at a "3 - Neutral" as opposed the a "1 - Buy". It seems to me the banks and financials are sucking capital in this market. We will get our turn soon, in my humble opinion. Dennis

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