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Non-Tech : Ashton Technology (ASTN)
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To: mst2000 who wrote (678)5/5/1999 1:43:00 AM
From: 1-DAY-TRADER  Read Replies (1) of 4443
 
MST, I appreciate your response and please bear in mind that i never accused you of anything ..i was merely asking for the record.

I also welcome you to SI

now i have few question:

(1)Why should either side (firm) pay 1.5 cents , rather than 1 cent ?? why pay a 50% increase in their commission fees ??

(2) How would you justify the rapid rise in price from 2-14 in few weeks, while there are still considerable amount of warrants/convertibles outstanding ?? who is manipulating the prices ???

(3) I guess when you can buy the share at 45 cents ( in convertibles) and you already have a probable avg of $3/share, you have very little to lose, but do you think new comers should extend themselves to buy it at $13 ???

(4)How high do you think it could still get beyond this level ????
what is your target for taking profit?? or have you already taken it ??

last, but not least:

(5)How do you think the entire market and the price of ASTN would react to a FEDs INTEREST RATE HIKE. I think today was only the beginning of a major sell of if not a 30% correction to the whole market.

I have seen it happen today in NITE and I am also expecting it with ASTN in a major way too.

One thing I have always noticed: The faster you fly, the faster you fall ... and the rule of gravity always rules .. no exceptions.

Guess who were the first to sell off today in NITE fall??

And, guess who were the first to lose on NITE ?? the small fish who went on margin thinking they were going towards the 200 level today.
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