Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Russell McGuire who wrote (27750)	12/12/1997 12:15:00 PM
From: Gary Korn	Read Replies (2) \| Respond to of 61433

going off at the ask would be bullish? I would think so. When, during a 1 minute interval, I see that a 25,000 share block was traded at the highest price for that interval, I conclude that someone bought the shares from an MM (just like I have to pay the ask price when I buy my measley few shares). A purchase of shares is either a new long position or the closing out of a short position. In either case, I believe it to be a bullish sign. Anyone else care to opine? Gary Korn

To: Russell McGuire who wrote (27750)	12/12/1997 12:15:00 PM
From: Wesley Zega	Read Replies (5) \| Respond to of 61433

Anybody know why CSCO is being handed their ___ today? Down 5+ points

To: Russell McGuire who wrote (27750)	12/12/1997 12:17:00 PM
From: Gary Korn	Respond to of 61433

Still more block trades, all going at the ASK price: tl: ASND - Transaction Log 12:16:26 S 25000 27.4 12:08:14 S 10000 27.4 12:05:32 S 25000 27.6 11:57:26 S 25000 27.7 11:29:13 S 25000 28 11:20:25 S 25000 28 11:16:05 S 10000 28 10:57:48 S 15000 27.4 10:57:14 S 10000 27.4 10:50:54 S 10000 27.3 10:49:31 S 10000 27.4 10:37:40 S 12000 27:9 10:36:02 S 11000 27:9 10:32:55 S 12500 27.5 10:12:45 S 10000 27.7 Z 9:50:27 S 10000 28.3 9:32:30 S 10000 28:9