Ashton Technology (ASTN) Message Board

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Non-Tech : Ashton Technology (ASTN)

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To: Capitalizer who started this subject	1/31/2002 9:48:49 AM
From: Candle stick	of 4443

THIS IS IMPORTANT TO ASTN ............... Seriously, if MMMary has been right all along saying that TK was 'scammy' and that they were shorting the #### out of ASTN stock, then he MUST be a big buyer now....he is bust and his fund has to convert to cash, NO? Read this! ** The scalding hot news is that yesterday investment bank Thomson Kernaghan & Co. Ltd., (the big JNOT short and former owner of the old convert) just folded its tents. Chaos reigns. The scraps of TK will be merged into Research Capital Corporation. Canada’s Financial Post’s Derek DeCloet wrote on the demise of TK. He said “Meanwhile, a private hedge fund run by Mark Valentine, TK's cocksure chairman, was besieged by investors who wanted to get their money out. The fund plunged in value after the tech crash, but was so illiquid that Mr. Valentine could meet only a fraction of the redemption requests. (The hedge fund, too, was being sued because of convertible debentures.)” Comments?.............

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