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

To: mark alan rosenberg who wrote (21823)	11/7/1997 12:20:00 PM
From: Wesley Zega	Read Replies (2) \| Respond to of 61433

Mark, I hope your right about the margin call sales today. It makes since. It looks like I'll be one of them it it craters some more. I just don't understand why this stock has been so brutalized. Wesley

To: mark alan rosenberg who wrote (21823)	11/7/1997 12:24:00 PM
From: PATRICK MCMONIGLE	Read Replies (1) \| Respond to of 61433

Mark I agree with you. This is retail customers caught in a margin call. Volumn very low. NO major blocks traded up or down only one block at 25000 shares. Also retest for the market from last weeks 500 point lose on the dow.

To: mark alan rosenberg who wrote (21823)	11/7/1997 12:35:00 PM
From: Gary Korn	Respond to of 61433

See, what I think has been happening is that a lot of players are taking margin hits, even today. The volume on the stock is relatively low, so most of today's action is retail investors taking their hit. Mark, I really think so too: 1. Instinet (before/after hours trading) has virtually dried up of late. The institutions seem to be generally hanging tight. 2. As I posted this morning, there were essentially no large trades in ASND. When there were a series of trades adding to 100,000, the stock moved up. That ended, and retail selling brought it back down. Currently, there are just 6 trades of 20,000 or more shares, tho many more 10,000 share trades. Gary Korn