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


To: Finder who wrote (20167)10/31/1997 9:58:00 AM
From: Andie Wei-Ku Lin  Read Replies (1) | Respond to of 61433
 
Anyone notice that the Ask Size gets as high as ~650 at
times? Right now ~280...

A lot of selling pressure.



To: Finder who wrote (20167)10/31/1997 10:08:00 AM
From: mark alan rosenberg  Read Replies (2) | Respond to of 61433
 
Same stinking pattern on every down day for ASND.
Up: on the open, and then a sell-off. Sickening.
Mark



To: Finder who wrote (20167)10/31/1997 2:24:00 PM
From: blankmind  Read Replies (1) | Respond to of 61433
 
People can not be selling to lock in gains since the stock is at a 2 year low.

you are correct, they are locking in losses while they can, and at this rate they should have plenty of time.



To: Finder who wrote (20167)10/31/1997 3:46:00 PM
From: Skipper  Respond to of 61433
 
Finder,

In May '94 you could get the shares for $13. Equivalent value now is $208 (after 3 splits). I'd say there are some who still have plenty of profit to lock in.

BTW, I do not believe you are an investor in this stock. If you are, in spite of your constant negative outlook, then you must not be very bright.

Skipper