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

To: Gary Korn who wrote (32636)	1/30/1998 2:36:00 PM
From: Greg h2o	Respond to of 61433

re: institutional ownership. The last info I have shows institutional ownership at 8.339% of outstanding shares (it shows being updated info as of 1/21/98). To me, this means there's a lot of room for institutions to buy. That's a positive. Individuals tend not to rush to the doors quite as quickly as institutions. Further, this means there are plenty of institutions in the waiting for when the momentum begins to build. I can't think of any negatives about there being a low amount of institutional ownership. greg