SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Ashton Technology (ASTN)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sir Auric Goldfinger who wrote (3218)1/28/2000 11:46:00 AM
From: Nanchate  Read Replies (2) of 4443
 
I re-posted that letter because I believe it is legitimate.
The spirit and candor in which it was written cannot be confused.
It was a solid reminder of the vision and confidence in which ASTN's leadership is executing it's business plan. Which may not be on the exact time table people would like, but in the business world there are many circumstances which arise within the course of executing such plans which make very difficult to keep it to an exact date and time. That is why most companies speak in terms of Quarters. This allows enough of a time cushion in which to execute.
This email was also a strong reminder that when you buy a companies stock you perform your proper Due Diligence prior to purchase. If that DD has been properly performed, and if the fundamentals of the company haven't change from the time of purchase, you can be more confident in holding your investment. Those unable to sleep nights over an investment or become emotionally distressed must reestablish WHY they decided to buy the stock in the first place. Perhaps in that reevaluation they may discover that they may be best to move on to buying companies like GE. Everyone has a different level of risk tolerance. Each person must realize their personal limitations and goals.

Ashton Technology Group is on the verge of what I believe is an exciting and promising future. It appears to be in the right place at the right time with the right products. Products meeting the specific needs for the vast changes and demands going on in the Industry as well as the world of Electronic Transactions as a whole. ASTN is well poised as a fundamental Transactional Player in the world of E-Commerce. The seasoned leadership and technologically savvy team gives them running head start both Internationally as well as domestically into this brave new world. With this forward looking vision and promise comes risk, but with risk also comes great reward. Don't take my word or anyone else's word on this company. Read the facts, study the 10Q for that should speak for itself. If it is handholding you want or a wet nurse perhaps you have overestimated your own risk tolerance.
I don't write these words in a condescending or critical spirit and hopefully it will be received in its proper context. I am simply an investor just like you. I have asked myself the questions written within. I have performed my proper Due Diligence. With that I hold this stock with confidence and excitement in the promising future it holds. In the meantime I keep exploring the facts as they unfold.

-*In the meantime I have calls into ASTN to confirm without a doubt the email is truly genuine. If it is not I will immediately let you know. If you hear nothing more from me consider it genuine.

Nanchate
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext