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


To: Jurgen who wrote (24644)11/25/1997 11:06:00 AM
From: Gary Korn  Read Replies (1) | Respond to of 61433
 
Sell 149,300 at 9:39
Can you confirm, Gray?


NO SUCH TRANSACTION.

Block trades so far today:

ASND - Transaction Log
11:15:19 S 75000 24.4 Can't tell
11:11:31 S 20100 24.4 Sell
10:01:44 S 30000 24.6 Buy
9:46:15 S 32000 24:9 Buy (likely)
** end of data **


By the way, we saw substantial accumulation from
11/12 thru 11/21. Over 5MM for sure (in terms of
block trades, most of which seemed to be purchases)
and perhaps closer to 10MM shares, when you incl.
10K blocks. This is 5% of ASND.

Now, no block trading at all. Does that suggest
that the acquirer wanted to be done accumulating
before a slow T-giving week would show what
was otherwise happening?

Gary Korn