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

To: Gary Korn who wrote (24221)	11/20/1997 7:12:00 PM
From: sepku	Read Replies (1) \| Respond to of 61433

I believe you and Glenn are onto something. I suspect the same thing. Let's hope a December rally would have the enthusiasm we need to at least narrow the gap to 40...we can't lose TOO badly to Tim! ;o) Also, could you please post the block trades for today? I saw your post earlier, but it covered trades up to 2pm, I believe. Style Pts.

To: Gary Korn who wrote (24221)	11/20/1997 9:04:00 PM
From: Nazbuster	Read Replies (1) \| Respond to of 61433

Gary, I wish the info below were more current, but it is clear that all the big buyers think there is value in ASND and have for months. All the time the stock was plunging and they were reporting "downgrades" or reductions in earnings projections, they were accumulating. nasdaqtrader.com I read in the Brandywine investors newsletter that they like to trade on Instinet so their blocks are not seen by the public. This allows them to accumulate with minimum impact on price. Maybe there has been a whole lot of accumulation going on that we don't see...

To: Gary Korn who wrote (24221)	11/20/1997 11:07:00 PM
From: blankmind	Read Replies (1) \| Respond to of 61433

gary this fits very well into the buyout theory but.... with tax selling gripping some, why not the suitor of asnd gather the position under the cover of these people selling? the problem becomes what if the acquirer has taken this into account and will have the necessary positon by the time the tax selling abates? now we have a balance again of buyer and seller, so we are back in equilibrium. but the possible suitor of asnd has its position, less a fraction until the suitor is ready to come forward, either friendly or hostile. just another chapter for your best seller.