Ashton Technology Group (fka ASTN)

[sarals]

In a nut shell...

By: stosh_5 $$$
Reply To: None Sunday, 8 Jul 2001 at 1:40 PM EDT
Post # of 20313

mst2K thought this was a good post, and that someone should post it here. I agree that it's very good, so here it is. From Don Denson on the Silicon Investor:


To any lurkers .....
this development company has been operating in it's sector of the marketplace for several years now.

It is a very high risk speculation. If you don't have funds to dedicate to this kind of investment in the stockmarket, please, move on. If the co fails, ie, if additional funding arrangements do not occur in a satisfactory manner (this summer) then the sharevalue may collapse completely. You could lose your entire investment in astn shares. If this frightens you, by all means, hit the button above and go elsewhere - like.... mutual fund plays, etc..

On the other hand, entirely...... a modest investigation of company success in the last few weeks "suggests" that the Ashton Technology Group has indeed developed an acceptable VWAP alternative trading system. For instance, last week, at least one user of the system acheived cross-trades of over 8 million shares of prominent NYSE companies ..... anonymously, and at some of the best prices possible in the stockmarket. However, one instance of a successful and profitable day does not assure in any way that ATG will go on to complete it's mission and goals. Needless to say, one can understand and imagine what will happen to astn share value should a string of such 8million sh/days occur for it's premier system- eVwap.

Right now, the lousy overall market conditions, and slow (irritating) evolution of the company's internal development, coupled with doubt as to future funding arrangements which are necessary (yet remain undisclosed officially) keep interest in the trading of co shares down. The current share price reflects this, and trading volume in astn is very light and the range is tight. All this could change in a one day, one week or one month period of time following announcements of funding agreements that would be beneficial to shareholders, or with continuous use of eVwap by well-renown list players.

That's the story in a nutshell. It's the nub of the play. All else, is puffery.... and will have no effect in the long run.

Good luck to you all.


http://ragingbull.lycos.com/mboard/boards.cgi?board=ASTN&read=20313