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

To: blankmind who wrote (40181)	3/19/1998 2:17:00 PM
From: Gary Korn	Read Replies (1) \| Respond to of 61433

Blankmind, In response to your question, every indication from level 2 (as poorly as I read it, an important caveat) is that ASND will trade down today and that there certainly seems to be enough selling pressure from INCA in particular (institutional trading) to take us down to 30 by tomorrow if this week-long trend continues. Level 2 can change very quickly and very dramatically on a moment's notice. However, I keep seeing strong selling, followed by mild buying, followed by strong selling. INCA keeps coming up as lopsided on the ask. TNTO often comes up as 0 on the bid. GSCO often comes up on the ask. This all can change in a heartbeat, but that is what I'm seeing. Gary Korn

To: blankmind who wrote (40181)	3/19/1998 2:19:00 PM
From: gbh	Read Replies (1) \| Respond to of 61433

gary, i have a serious question, as opposed to all my other questions to you in the past. do you feel that there is enough pressure viewing your lvl 2 to have asnd finish at 30 tomorrow? i have stated my opinion on watching the trading there is not enough pressure for 30, but many of us respect your knowledge on watching and predicting level 2 trading. Blank, lvl2 could never help predict selling pressure 1-2 points below the current level. Only useful for predicting 1/16-1/8 point moves, and even then is hardly foolproof.