SI
SI
discoversearch

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: blankmind who wrote (32997)2/3/1998 12:05:00 AM
From: Gary Korn  Read Replies (2) | Respond to of 61433
 
Below is ASND institutional holdings per Market Guide.
Can it be correct that institutional ownership dipped
down to just 8 percent?

Perhaps, as mid-cap funds add to their positions, ASND
will see increased upwards momentum (I'm assuming that
ASND now qualifies as a mid-cap):

Ascend Communications TRADING & PRICE PERFORMANCE Page 4 of 10
INSTITUTIONAL OWNERSHIP INSIDER TRADING (Prev. 6 months)
% Shares Out. Owned 8.34 % Net Insider Trades -9
# of Institutions 81 # Buy Transactions 1
Total Shs Held 15.808 Mil # Sell Transactions 10
3 Mo. Net Purch. -7.666 Mil Net Shares Bought -0.480 Mil
3 Mo. Shs Purch. 7.303 Mil # Shares Bought 0.003 Mil
3 Mo. Shs Sold 14.970 Mil # Shares Sold 0.483 Mil

4 Week Price % Change 18.6% 4 Week Rel. Price % Change 14.9%
13 Week Price % Change -15.3% 13 Week Rel. Price % Change -16.4%
26 Week Price % Change -42.5% 26 Week Rel. Price % Change -43.8%
52 Week Price % Change -62.1% 52 Week Rel. Price % Change -69.4%
YTD Week Price % Change 17.1% YTD Week Rel. Price % Change 18.0%