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


To: Bernard Gauthier who wrote (23811)11/17/1997 1:09:00 PM
From: sepku  Read Replies (2) | Respond to of 61433
 
>>>You're right. The volume is low.<<<

Which is a positive in my opinion, under the circumstances. That seems to suggest we still have not attracted the momentum investors, nor all the bandwagon sheep who follow the herd. There is one theory on volume, that significant moves on low-volume is indication of when the smart-money moves...assuming that the big investors "in the know" have pertinent information before it hits most of the crowd, therefore allowing them to establish their positions first. The wise move calm and collectively...the rest follow like schools of mackerel.
I believe Gary's logs on blocktrading activity clearly indicate accumulation from last Tues...the trend seems to continue. I'm beginning to be hopeful we have been to hell and back, when it comes to our ASND.

Style Pts.