ASTN new Service coming at the Best Time!
Many events are converging this year that will cause the kind of volitility and equity migration that a system like ASTN's was born to address;
[1] Kosovo War is causing the Euro to fall, making US equities more attractive, and European money is flowing our way. When/if the War gets resolved sometime this year, the Euro should strengthen and equity migrate back into European exchanges.
[2] The Asian Market's comeback won't happen as quickly as the meltdown, but investors and their governments have learned to underwrite equities much more securely from this dramatic experience. As the Asian Markets rebuild, it will be on a far more solid and confident base then before, and it will attract far more equity from US investors now that our own markets are trading at P/E's that are historically 50% higher than previous bull markets.
[3] InterNet Stock Bubble is real, and it's only been kept from bursting by small investors rushing in with on-line discount brokerage accounts to bid up these issues while they are fashionable with their gambling rush, and disappointment with their underperforming 401K/Pension Plans. It will soon end very badly, with only a few issues surviving, and the few large brokerage house recommending these stocks will be facing huge litigation problems, and permenantly shy away from such advice in the future.
[4] Large Caps Companies will continue to Consolidate or Die in the Global Marketplace. We will continue to see Huge Deals being made in Telecommunications, Tech, Pharmaceuticals, Retail, Transportation, Utilities, and the Financial Sector, as forces like the Internet and post cold war peace make the World a tighter round ball.
[5] Whether you believe that Y2K or leap year computer problems will occur or not, this Uncertainty will rock the markets year end, and cause a great deal of equity to migrate into more tangible/trackable assets and back again when the coast is clear.
You can agree with my reasoning, or have others ones to contribute; the bottom line is we are experiencing markets with unprecedented volume and equity migration, which will make services like ASTN's an important necessity to serve this years Equity Migration Patterns. |