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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Jordan who wrote (18698)10/22/1997 4:03:00 PM
From: Andie Wei-Ku Lin  Read Replies (1) | Respond to of 61433
 
"...but below 30 I would probably take the big swing..."

Do you mean to imply anything...for example, when we
WERE under 30 (~28 1/4)...did you take the big swing, as
you put it? :-)



To: Jeff Jordan who wrote (18698)10/22/1997 4:07:00 PM
From: Gary Korn  Read Replies (2) | Respond to of 61433
 
Jeff,

Looking at lvl2, it appeared to me that Dean Whitter wanted to dump some stock late in the day. They had the lowest offer price for a while. Merrill kept its offer at 35 even while the stock dropped to 34 1/2 (although Merrill later came down).

By the end of trading, Dean had upped its offer back to 35, which is where Merrill ended the day. Most MMs ended at 36 3/4.

Now, as it is after-hours, INCA takes over. It is starting after-hours at 34 1/2 to 34 3/4.

I'll post after hours trades in a bit. I think today was a non-event as there really did not seem to be any institutional movement to speak of (sorry for ending with a preposition).

Gary Korn



To: Jeff Jordan who wrote (18698)10/22/1997 4:25:00 PM
From: James J. Cramer  Read Replies (2) | Respond to of 61433
 
I'm over it already, but i do love a good fight. The way to pick a fight with me is to say you HATE ascend, not love it. Come on. Federal Express is my favorite stock, but I dont trade it because I trade it poorly. Thats what I first wrote about when I was talking about Ascend. By the way,any comparison to Cosmo is fine with me because he is hilarious
jjc