Ashton Technology (ASTN) Message Board

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Non-Tech : Ashton Technology (ASTN)

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To: Dr. Seuss who wrote (2773)	10/6/1999 5:27:00 PM
From: mst2000	Read Replies (3) of 4443

Doc - ATG is a company, ASTN is the ticker symbol of its stock. I choose to invest in the company, with the belief that the stock price will take care of itself if the company is successful. BTW - ATG's chart looked pretty miserable in March also -- right before it ran up from 2.25 to 17 over the next 12 weeks. You say ASTN is going down the tubes -- but clearly ATG is not, with between $25-30 MM in cash, no debt and a burn rate of less than $600K per month. So make your 10% (oops - I mean 6%, that's the real number today) and tell me how the trading of less than 1% of a company's stock in a day which is down 6% should cause anybody fear that the company is "going down the tubes". Oh -- I hate to remind you of this, but ATG's stock price is still up about 500% for the year, despite tripling the number of shares outstanding since 10/98. Oh yeah -- one last thought -- I'm sure glad I didn't look only at Citicorp's chart when I bought 1000 shares of Citicorp for $14 per share in 1991. You can do the math - you're very good at it. MST

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