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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,
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To: RockyBalboa who wrote (68554)3/17/2001 8:52:33 PM
From: mst2000  Read Replies (2) of 122087
 
Just when I thought I was done posting here . . . . You posted a post of mine from February 2000. This is from Auric's post, the one that I was responding to, in February 2000:

"Short Bus! Didja see the crappy financials on this greased pig? Cash consumption gives them 2 quarters to live at current burn rate. . . . "

Hmmm, it's March 2001 (over 4 quarters later) and ASTN still has $8-9 Million in cash left (plus $25 MM more available). Which means (i) Auric was factually wrong in what he said (ergo my response), and (ii) its far from "over".

I'll be the first to admit that ASTN's development stage has taken longer than expected -- but in the past two weeks, eVWAP started live trading outside of a lengthy controlled testing period (one that has continued for 2 years while the company assembled a critical mass of institutional customers and B/D users). Last week, in a single day, 1.5 Million shares traded on the system. Modest, but definitely not what Auric was describing in his many posts to ASTN.

That's the great thing about you guys, you love to claim victory before the game is over. What'ya gonna do next, steal the ball and blow the whistle?

Hope SI is still around when this particular game ends.

MST
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