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


To: FUZFO who wrote (40542)3/23/1998 10:12:00 AM
From: frank/fla.  Read Replies (1) | Respond to of 61433
 
no...



To: FUZFO who wrote (40542)3/23/1998 10:15:00 AM
From: Dennis R. Duke  Respond to of 61433
 
I watched on quote.com the first 20 minutes of trading. There was a 20,000 share sell at $31.5, also within that time there were purchases at 100,000 for $31 5/8 and a 50,000 at $32. That is what I saw over 50,000 shares. If we can hold that ratio we should go up.

I really was hoping for a short unwind from options, but if that is happening, it is occurring slowly and wisely with large blocks being traded after each drip. The 50,000 went off after such a down draft from a within 10 minute high of $32 1/2.

OT - I saw Titanic over the weekend. Great movie.

Dennis