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

To: bob yahnke who wrote (21695)	11/7/1997 12:30:00 AM
From: sepku	Read Replies (1) \| Respond to of 61433

>>>Style, 170 million float. That's alot of stock to go around. Watch the tape. Large sell blocks on the bid are still going threw. A base should form when the volume lightens up. Don't see this happening any time soon.<<< This is true...but consider the volume traded over the past 9 weeks: 491,396,000 shares -- that's almost 3x outstanding shares! For just the last 2 weeks of Sept, 192 million shares were traded! I believe that was the majority of institutional dumping, right there. When the funds leave, they pile all over each other trying to get to the exit before the price drops further. Notice how volume has been dying down for the past couple weeks... Style Pts.