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Non-Tech : Ashton Technology (ASTN)

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To: Sir Auric Goldfinger who wrote (2579)9/12/1999 5:20:00 PM
From: mst2000  Read Replies (2) of 4443
 
Hey Auric - at their current burn rate of $600,000 per month, ATG will burn through the current cash balance in its treasury in . . . . oh, about 4 years or so. That's $30,000,000 divided by $600,000. So I guess we'll be seeing you here in 2003.

Of course, in completing the development of eOX, they'll spend a lot more than the current $600K per month - I know that - but I doubt you have even considered eOX in your "analysis" of why ASTN is such a terrible company that all investors would be well advised to immediately jump ship and get as far away from it as possible.

There are many reasons why the stock may never go to 50 or 100 as I would like. But I am willing to bet a boat load of money that ASTN will be selling at over 100% of its current share price at several points over the next 2-3 months, not to mention the next year or two. And when that happens, I expect to see you here with your next BS theory as to why it shouldn't be happening. VTS will make this a $15 stock all by itself. eOX and eMC will make it several times that price. Hope you're short when that happens.

MST
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