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Non-Tech : Ashton Technology (ASTN)
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To: Rob W who wrote (783)5/7/1999 8:30:00 AM
From: Michael T Currie   of 4443
 
Rob,

> Should it go up, and it has about 300% so far for me, I hope you'll feel the same for me.

Certainly. A lot of folks believe that those taking a short position sell, then bash. This is not my style. I simply believe that the stock is overvalued for the reasons I've already explained. Three people whose analytical abilities I admire very much (Zeev, Anthony Elgindy, and Auric) agree that there are potential problems. I would have no difficulty in reversing my short and going long if I thought the situation warranted it.

The 2 news items that you mentioned were clearly the reason for the rise. The question is has the share price gone too far, too fast? I believe that it will retreat to the lower 9's and will reevaluate then.

Thanks for the response. There's room for all of us to profit here.

Mike
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