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Non-Tech : Ashton Technology (ASTN)

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To: LTK007 who wrote (464)	5/3/1999 4:55:00 PM
From: Sir Auric Goldfinger	of 4443

Cash at a serious dilution to YOU:"GOMEZ ADVISORS INC. COMPLETES $5.5 MILLION PRIVATE PLACEMENT (ATG(tm)) (NASDAQ Small Cap Market:ASTN) announced today that its subsidiary, Gomez Advisors Inc. (Gomez), completed the sale of 1,100,000 shares of Series B Convertible Preferred Stock. The gross proceeds of $5.5 million will be used to develop new markets and products, expand the marketing staff, and for general corporate purposes. Converts at 2.45 common per preferred, so lets see, ($5 million/1.1 million pfd. shares)*(1 pfd share/2.45 common share)= $2.04/share of common as purchase price. Looks like you got taken?

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