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


To: Harold S. who wrote (24534)11/24/1997 1:44:00 PM
From: Gary Korn  Read Replies (2) | Respond to of 61433
 
What do you mkae of the very light volume in general??

I think it is not bad. We saw substantial block accumulation last week during retail tax-related (my guess) selling.

So far, today, the block accumulation has stopped, but has not reversed, which is good. The tax-selling likely continues but may abate, as people may want to get back in before year-end and they have to leave a couple of days to do so (per the 30day wash sale rule).

Gary Korn