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

To: Marco Riggi who wrote (38882)	3/12/1998 9:48:00 AM
From: George Coyne	Read Replies (1) \| Respond to of 61433

I think your reasoning approach is sound, but your numbers are faulty. 1. The reported volume is actually ~ 2.5 times the number of shares changing hands in the "public" (per recent discussion on this thread) 2. A large % of volume is due to active short term traders. G. W.

To: Marco Riggi who wrote (38882)	3/12/1998 2:25:00 PM
From: sunfish	Respond to of 61433

By that theory a stock trading in a trading range would never break out to the downside... check some charts, this is common. People do, after all, sell stocks at losses. Besides, it seems likely that the majority of shares in ASND have not traded this past month (I know mine haven't), more likely the same shares held by "traders" are sold again.. and again... and again. I am sure there are those with core positions in ASND who are still sitting on nice profits and still holding the stock.

To: Marco Riggi who wrote (38882)	3/13/1998 12:02:00 AM
From: Marco Riggi	Read Replies (4) \| Respond to of 61433

Anybody has an indication of Nasdaq and S& P Futures at this time? According to the Market News Center S& P futures are flat, but could be a glitch in the system.

To: Marco Riggi who wrote (38882)	3/13/1998 8:03:00 AM
From: Glenn D. Rudolph	Respond to of 61433

ASND: UTENDAHL CAPITL decreased estimate for fiscal year ending 12/98 from $1.20 to $1.14 on 03/11/98 ASND: UTENDAHL CAPITL decreased estimate for quarter ending 03/98 from $0.26 to $0.25 on 03/11/98 ASND: UTENDAHL CAPITL decreased estimate for quarter ending 06/98 from $0.29 to $0.27 on 03/11/98 ASND: UTENDAHL CAPITL decreased estimate for quarter ending 09/98 from $0.31 to $0.30 on 03/11/98 ASND: UTENDAHL CAPITL decreased estimate for quarter ending 12/98 from $0.34 to $0.32 on 03/11/98 ASND: UTENDAHL CAPITL increased estimate for fiscal year ending 12/99 from $1.44 to $1.59 on 03/11/98