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Non-Tech : Ashton Technology (ASTN)
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To: Cali who wrote (1592)6/9/1999 2:35:00 PM
From: Sir Auric Goldfinger  Read Replies (3) of 4443
 
Warrants have a $5.85 strike, they are pretty overvalued relative to stock. Gearing is 1.565 X and the delta is .92305 with the warrants trading 2.073 over strike. Not a bargain. If you must, buy the stock. We are short biased on this issue. Translated for Surge: We are short when it goes down and boxed when it goes up. How do we do this? Because we can see the ants marching along the highway and we have the best technicals on the street.
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