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Technology Stocks : ASCEND 1997 : The reasons why it will descend.
ASND 201.60-1.0%Oct 31 9:30 AM EST
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To: vegetarian who wrote (78)1/27/1997 10:28:00 AM
From: Dee Jay   of 122
 
M, sorry for the lack of clarity. My belief is that the institutions will hang onto their 80% ownership since the expectation is continued growth. Their shares will also double in number but if they're not actively trading them then only the other 20% will be reflected in the days' activity.
That doesn't mean that there won't be active trading by the institutions but I expect that they will, on a net basis, maintain their very high degree of ownership of ASND.
Dee Jay
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