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Non-Tech : Ashton Technology (ASTN)
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To: Zeev Hed who wrote (775)5/6/1999 9:12:00 PM
From: Land Shark   of 4443
 
Zeev,

I'm skeptical about their business model - as about as skeptical as the insiders filing their 144's. If the future was grand they tell us, then they'd be holding instead of dumping. I think that insider selling in itself tells a lot.

Indeed there'll be downward pressure, of not only from the selling by the convertable debenture and warrant holders, but of the Momentum players caught at the top and other short sellers seeing an opportunity. Gravity has it's effect.

Indeed in the long term, perhaps this company will turn a profit. I'd think they'd have to make a few good quarters to prove their place in the sun.
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