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Non-Tech : Ashton Technology (ASTN)
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To: mst2000 who wrote (649)5/5/1999 1:45:00 AM
From: Sir Auric Goldfinger  Read Replies (1) of 4443
 
Your revenue predictions are a pipe dream. Any institution will TRY a new system. The ASTN VWAP product will be undergoing a TRIAL, there are no obligations or contractual minimums.

REDI, ISLD, INCA have all given us software and in some cases hardware. BFD, everybody will do that. The revenue models strewn all over this thread assume a high price (call it 1.5 cents, I don't care, it's still unrealistic) and then they multiply by POTENTIAL transactions. Those will take years, there is NO way this thing turns profitable this year and the chances are VERY high that this thing goes BK alltogether.

High cash burn, low revenues and lack of distribution channel all work heavily against a very weak balance sheet. Nicht zer gut...
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