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Non-Tech : Ashton Technology (ASTN)
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To: mst2000 who wrote (3916)7/19/2001 5:59:08 PM
From: mmmary  Read Replies (1) of 4443
 
That's not what I said, mst

I did not say that astn is definitely shutting down their tent in September. I said based on coh on march 31 and a burn rate of about $1M/mo w/o eMC expenses as per Fred in last FWF, without being able to access the Jameson funds because of low share price/volume, they will run out of funds in September in their present state. If Fred wins the lotto and invests the money in astn, they won't.

Anyone can make up a bunch of what if scenarios and project them staying in business. Here are some you might want to try; IF for some miraculous reason share price shoots way up and they can get new funds, IF vwap is instantly incredibly profitable, IF they merge with another company, WHEN monkeys fly out of your *** What if scenarios are not reality. They are generally VERY different than reality. Case in point, Westergaard's what if scenario for ASTN. Share price of $30 in 1999. Hello? It's 2001 and it's at .86. A bit of a miss with that projection. Your projections and Fred's have been WAY off also. Your projections lack credibility. Fred does not keep his promises. I don't think any of them have come to pass. Give it up and face the facts, mst. You're a lousy investor, so lousy that I believe you are intentionally lying to defraud people for financial gain. You're an intelligent man. I don't believe you could make such a huge mistake.
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