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Non-Tech : Ashton Technology (ASTN)

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To: mmmary who wrote (4039)8/9/2001 1:46:49 AM
From: Edscharp   of 4443
 
Mary, yes I think the share price will go up.

Ashton offers a service. That service has utility in the real world. That service is not merely an idea or a "potential" concept: it is operational in the real world. The trend over the past few months is that use of their service is increasing and will continue to increase.

I agree that the company has legitimate problems and I concede the possibility that Ashton may not succeed. That is why owning shares is termed an investment rather than a "sure thing". Very simply put...I'm willing to take a greater than normal risk in exchange for the possibility of greater than normal profits. My own assessment is that the risk I take is prudent. If you feel so strongly otherwise then perhaps you should short Ashton with all your available resources. I suspect that is something that Auric would approve of and you would be putting your money where your mouth is which is something that I can respect.
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