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


To: Gary Korn who wrote (25182)12/2/1997 2:13:00 PM
From: jach  Respond to of 61433
 
<I need an explananation re Block Trades: Earlier today, a 100,000 share block went off at 24 1/4.
That was the then current bid. I had thought it meant that that was a sale of this block to an
MM. However, immediately after the trx, started to trade at 24 1/2. Why would that be? Here
are today's block trades so far: ASND - Transaction Log 1:00:57 S 75000 24.1 12:58:51 S 67000
24.2 12:29:45 S100000 24.2 10:38:53 S 40000 24:T 9:36:14 S 35000 25.2 9:34:49 S 20000 25:3 **
end of data **>

not unusual for a very common practice, and it's widely known as
buying wholesale and selling retail -