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Non-Tech : Ashton Technology (ASTN)

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To: Capitalizer who started this subject7/24/2001 10:34:07 PM
From: don denson  Read Replies (1) of 4443
 
lots of amusement!

.... over the past 10 years or so of watching the trading in the market of stocks. Again and again, I've witnessed how the value of shares of a company's stock gets completely disconnected from its underlying value. Shares can trade many times any reasonable value..... and other times (like now) traders are loathe to even pay book value for some issues!

Over the long haul, however, and without a doubt...... the share value will come to reflect the performance of the company. With evwap volumes of 10, 20 million or more shares per day, day in and day out..... astn sh value will move toward values which reflect the income and profit potential that represents. However, should the general market begin recovery.... which is a reasonable expectation in the months ahead..... we may be further amused by over exuberance once again in astn speculation.... It will have to be dealt with..... same as any trading in issues of companies that eventually find a way to succeed- as difficult and improbable as that may seem along the way.

And that's what I see........
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