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

To: Tim Luke who wrote (40321)3/20/1998 10:04:00 AM
From: Inga  Read Replies (1) | Respond to of 61433
 
From my Level II screen, looks like a lot of small sell limit orders, probably by daytraders. The price is going down due to weak buying pressure. Probably buyers are still too scare with almost two weeks to end the quarter and still receiving bomb threats from SNI and so on. It probably would not take much for the MM to bring it down to 30, a 100K sell order will do it...Asnd is obviouly a trader stock now.


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