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

To: sepku who wrote (27255)	12/9/1997 4:18:00 PM
From: Gary Korn	Read Replies (1) \| Respond to of 61433

Final block trades, Tue., 12/9 (10K+) I compare the block trades that are listed here to a real time chart that shows bid/ask/last during the day for 1 minute intervals. Even though the stock fell with the market late in the day, all (but maybe a couple) of the last series of block trades (including the 20K blocks) went off at the ASK, like the blocks I previously reported. Ignore the after-hours block, it is a regular hours trade reported late. Question: Why did the stock fade if the vast majority of these blocks went went off at the ASK price? Can retail selling can have that big an impact? (Actually, there are not that many shares reflected in these block trades...less than a million vs. volume today of over 4MM) ASND - Transaction Log 4:01:47 S 13600 28.5 Z 2:58:11 S 10000 28.6 3:40:33 S 20000 29:1 2:53:01 S 20000 28.6 3:35:56 S 20000 29.1 2:50:38 S 25000 28:E 3:30:45 S 20000 29:1 2:50:31 S 20000 28.6 3:28:52 S 20000 29:1 2:46:10 S 20000 28.7 3:28:26 S 10000 29 2:40:11 S 15000 28.6 3:28:15 S 10000 28.7 2:38:15 S 10000 28.7 3:27:41 S 10000 29:1 2:31:10 S 25000 28.6 3:27:24 S 10000 29:1 2:21:42 S 10000 28:F 3:24:09 S 15000 28.7 2:16:59 S 10000 28.6 Z 3:23:22 S 10000 28.6 2:11:01 S 10000 28.6 3:16:56 S 25000 28:T 1:41:57 S 10000 28:F 3:16:45 S 25000 28.6 1:39:20 S 10000 28:F 3:15:41 S 10000 28:E 1:38:22 S 10000 28.7 3:15:33 S 10000 28.6 1:38:21 S 10000 28:F 3:15:33 S 10000 28.6 1:36:54 S 12500 28.6 3:15:21 S 10800 28.6 1:33:42 S 10000 29 3:10:49 S 10000 28:T 1:21:26 S 14200 29.1 3:08:47 S 25000 28:E 1:05:51 S 10000 29:3 3:06:12 S 10000 28.5 12:56:29 S 10000 29.1 3:03:46 S 10000 28.5 12:43:05 S 10000 29.1 12:25:23 S 10000 29:3 10:23:13 S 15000 29 12:17:21 S 10000 29.2 10:21:41 S 10000 29 error 11:53:50 S 10000 29.2 10:21:02 S 10000 29:1 11:48:57 S 10000 29.3 10:19:36 S 10000 29 11:48:42 S 10000 29.2 10:15:22 S 10000 29 11:31:04 S 10000 29.1 10:13:24 S 10000 29:1 11:27:52 S 10000 29.2 10:13:11 S 10000 29 11:22:09 S 10000 29:3 9:57:43 S 10000 29:1 11:16:40 S 10000 29.2 9:56:07 S 10000 29:3 11:16:31 S 14500 29.2 9:54:41 S 10000 29.2 11:14:44 S 10000 29.1 9:52:59 S 10000 29:3 11:14:06 S 10000 29.1 9:50:52 S 10000 28:F 11:08:46 S 10000 29 9:50:41 S 10000 28.6 11:04:24 S 10000 29:1 9:49:21 S 10000 28.7 10:59:37 S 10000 29.1 9:46:32 S 10000 28:E 10:50:07 S 10000 29.1 9:30:49 S 10000 29:5 10:49:16 S 10000 29:3 9:27:41 S A 29.2 10:47:25 S 10000 29.1 9:22:22 S A 29.2 10:41:27 S 10000 29:3 end of data 10:40:52 S 10000 29:3 10:36:20 S 10000 29.1 Gary Korn P.S. I don't want a new moniker.