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Non-Tech : Ashton Technology (ASTN)
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To: Nanchate who wrote (3233)2/1/2000 9:42:00 PM
From: Rob W  Read Replies (1) of 4443
 
technologyinvestor.com

Saw this posted over on RB. Apparently the magazine
lists their 7 hottest tech portfolios. Ashton is under the ulta-speculative portfolio. Other stocks according to the RB poster include Technology along with Digital Island,Freemarkets, Foundry Networks,Broadcom and several others.To quote the Magazine "They all have technology to DOMINATE their space and become household names".
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I also think it is worthwhile to take a glance at eSpeed as they may provide a hint of where Ashton will be valued when the revenues start pouring in. They posted earning 1/31 of 14 million. They have 50 million outstanding shares, no debt, 250K cash on hand, (mistakenly posted 250 million on earlier) Seem somewhat similar to electronic market center. Price 67

Ashton has 25 million outstanding shares, no debt, 25 million cash on hand (probably less now) close to 5 million shares in Gomez value to be determined. In terms of quarterly revenue, (maybe next full quarter) I don't think we are far off from being in the 14 million dollar ballpark, with the potential to build several ballparks as the quarters roll by. Price 9 3/8

Note, these number were taken from the profile listed on yahoo and were reposted just to give an impression of how Ashton may be valued as to continues to ramp-up. Thoughts/Comments?
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