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

To: Harold S. who wrote (24779)	11/26/1997 3:17:00 PM
From: vegetarian	Read Replies (1) \| Respond to of 61433

>>And what do you make of the dwindling volume and stagnant stock price on such low volume??<< Usually: STOCK PRICE VOLUME INTERPRETATION rising rising great rising down note 1 down rising run away down down note2 note1: depends on what the stock did till coming here; if it was a run up on a high volume then it is OKish; if the stock was significantly down before this happened (some sort of consolidation) then it is looking good(read-those in the know are buying). note2: again as above depends on what the stock did before coming here; if there was a run up berfore coming here on a good volume, then it is bad as the distibution may start (read-those in the know selling), if the stock was beaten down (consolidating) then it does not mean much, OKish meaning that status quo may continue (the case with ASND now). Hope it helps.

To: Harold S. who wrote (24779)	11/26/1997 3:18:00 PM
From: Gary Korn	Read Replies (1) \| Respond to of 61433

I am having trouble figuring whether you are dismissing this insider sale as a matter of routine or whether you truly feel the insider sales are something that is a pre-cursor of much worse things to come. And what do you make of the dwindling volume and stagnant stock price on such low volume?? Mr. Spock, I just want to inject my conjecture because it appears you may be becoming unnecessarily exercised. And because it isn't worth it the day before Thanksgiving. <G> 1. The insider sale I posted was small, and Stagno hasn't sold since before the CSCC acquisition. It doesn't suggest much. 2. Re. dwindling volume, the price has risen, lately, on days when volume is relatively high according to Glen Rudolph. That is good per. M. Carter's prior post. 3. Re. block trades, we just had a 25,000 block that went off at the ask (i.e., it was a purchase). A block sale here, a purchase there, not much to work with. Enjoy your holiday. Gary Korn

To: Harold S. who wrote (24779)	11/26/1997 6:59:00 PM
From: Sector Investor	Respond to of 61433

<<I am having trouble figuring whether you are dismissing this insider sale as a matter of routine or whether you truly feel the insider sales are something that is a pre-cursor of much worse things to come.>> Insider sales can occur for many reasons both positive and negative. On the positive side, I listed one - an exec building a house after hiring on, relocating or just because they want to. Other positive reasons include retirement, college or if you will need money in the future but might soon be restricted due to merger, etc. I think you can't attach much significance to these - and especially not all negative significance. <<And what do you make of the dwindling volume and stagnant stock price on such low volume??>> The calm before the storm? The sellers have sold, the buyers haven't returned yet and the shorts are holding (for now). You don't see the price plunging, do you? When volume returns, the move will be UP.