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

To: Gary Korn who wrote (27996)	12/16/1997 11:39:00 AM
From: david	Respond to of 61433

lacking buy interests.

To: Gary Korn who wrote (27996)	12/16/1997 12:15:00 PM
From: jhild	Respond to of 61433

Gary, you're right. Volume dried up as soon as it ran to 27 1/2. Now it's steady state and low volume since around 10:00am. Looks like the entire market decided that fair value was 27 1/2. A funny equilibrium. But not to worry I'm sure it won't last long.

To: Gary Korn who wrote (27996)	12/16/1997 12:25:00 PM
From: jeff wheatley	Read Replies (1) \| Respond to of 61433

Hi Gary, Low volume indicates the absence of impetus to go one way or another. Would be buyers hesitate in case the quarter holds some unpleasant suprise afterall, the CFO's statements notwithstanding, and because of general tech performance lately. Would be sellers suspect a positive quarter in the making, release of upgrades and a bullish chart. Those rumors are also in the back of their minds. Both also wait for the price to approach resistance or support levels before taking the appropriate action. The price is in the middle now. On the chart the rise in price on stong volume and fallback on light volume is quite bullish. Looks like a bull penant or flag in the making....................jeff

To: Gary Korn who wrote (27996)	12/16/1997 6:40:00 PM
From: Jeff Jordan	Respond to of 61433

I'm not to concerned about the lack of activity today however options expire Friday and you will see some manipulation. As you can see below call prices remained up even though ask price is lower. This tells me tomorrow through Friday Ascend will be moving up. Oh, yeah..after this week I imagine more days like today volume wise till Jan. 1....If we move up on low volume this will be a very good sign. ------------------------------------------------------------------------ * * * C A L L S * * * ------------------------------------------------------------------------ DESCRIPTION LAST BID ASK CHG HIGH LOW VOL OI SYM ------------- ------- ------- ------- ------ ------- ------- ------ ----- ----- C DEC97 20.0 7 ... 6 5/8 7 .. +7/8 7 ... 7 4 518 QQALD C DEC97 22.5 5 3/8... 4 1/8 4 3/8 0 0 0 0 846 QQALX C DEC97 25.0 1 15/16 2 2 3/16 -7/16 2 7/8 1 15/16 266 6466 QQALE C DEC97 30.0 1/8 1/8 3/16 -1/8 1/4 3/16 397 16943 QQALF C DEC97 35.0 1/16 0 1/8 0 1/16 1/16 160 14003 QQALG C DEC97 40.0 1/16 0 1/16 0 0 0 0 9677 QQALH C DEC97 45.0 1/16 0 1/16 0 0 0 0 7536 QQALI C DEC97 50.0 1/16 0 1/16 0 0 0 0 4605 QQALJ C DEC97 55.0 1/16 0 1/16 0 0 0 0 3207 QQALK C DEC97 60.0 1/16 0 1/16 0 0 0 0 4855 QQALL C JAN98 20.0 8 1/8 6 7/8 7 1/4 0 0 0 0 351 QQAAD C JAN98 22.5 6 1/8 4 7/8 5 1/8 0 0 0 0 638 QQAAX C JAN98 25.0 .. 3 1/4 ... 3 3/8 3 1/2 -3/8 .. 3 1/2 .. 3 1/8 121 4983 QQAAE C JAN98 25.0 7/8 1/8 3/8 0 0 0 0 514 CXUAE C JAN98 30.0 1 3/8 .. 1 3/16 1 3/8 0 .. 1 5/8 ... 1 3/16 815 15181 QQAAF C JAN98 30.0 1/16 0 1/4 0 0 0 0 2558 CXUAF C JAN98 35.0 1/2 3/8 1/2 -1/16 11/16 1/2 155 10194 QQAAG C JAN98 35.0 3/16 0 1/4 0 0 0 0 487 CXUAG C JAN98 40.0 3/16 3/16 5/16 -1/16 1/4 3/16 68 9662 QQAAH C JAN98 40.0 1/16 0 1/4 0 0 0 0 427 CXUAH C JAN98 45.0 1/8 1/8 1/4 -1/16 1/8 1/8 63 4491 QQAAI C JAN98 45.0 1/4 0 1/4 0 0 0 0 598 CXUAI C JAN98 50.0 1/16 0 1/8 0 0 0 0 3109 QQAAJ C JAN98 55.0 1/16 0 1/16 0 0 0 0 1599 QQAAK C JAN98 60.0 1/16 0 1/8 0 0 0 0 2928 QQAAL C MAR98 20.0 8 3/8 .. 7 7/8 8 1/4 +1/8 .. 8 3/8 ... 8 3/8 55 355 QQACD C MAR98 22.5 7 1/4.. 6 1/8 6 1/2 0 0 0 0 342 QQACX C MAR98 25.0 .. 5 1/4 ... 4 1/2 4 3/4 0 ... 5 1/4 ... 5 36 2131 QQACE C MAR98 30.0 2 5/8 .. 2 1/2 2 5/8 -1/4 .. 3 1/8 ... 2 5/8 93 4530 QQACF C MAR98 35.0 1 3/8 .. 1 3/16 1 5/16 0 ..1 5/8 ... 1 3/8 . 58 4635 QQACG