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


To: john dodson who wrote (27802)12/13/1997 12:55:00 AM
From: Gary Korn  Read Replies (1) | Respond to of 61433
 
Here's a proposed explanation: rather than some ASND acquirer,
isn't it equally plausible that some institution(s) are merely
taking stakes in ASND in an efficient manner? That is, they buy
up blocks on any weakness in ASND at current levels. Once softness
in trading is observed, sure go ahead and buy the block at the ask,
since, you're getting in at a lower price anyway.

Just a thought


John,

Probably a correct thought.

Gary Korn