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Non-Tech : Ashton Technology (ASTN)

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To: 1-DAY-TRADER who wrote (697)5/6/1999 3:38:00 AM
From: Candle stick  Read Replies (2) of 4443
 
candle .. you misunderstood my point .. what is to prevent ISLD ( or me for that
matter) from doing the same thing as ASTN but at much much cheaper prices ??


ASTN took 5 years to develop the technology and 2 more years to get SEC approval...that prevents it.

PCX and NITE were featured today on CNBC, yet NITE lost big yesterday.

so what? What does that have to do with ASTN...both those companies already ROSE over 100 points....just like ASTN will soon..

you must admit one thing: high flyers usually pull back in a major correction before
they can keep going up ... correct ???


high flyers? you call ASTN, a 10 dollar stock, a high flyer and compare it to companies that have risen hundreds of points and now pull back some? ASTN will be a high flyer at 150 and before that it is just keeping pace with developments at the company...

ASTN has no monopoly on the technology , by the time your $2 estimated eps is
supposed to materialize, i bet my money, a dozen or 2 companies will be doing the
same thing


Yes, they actually do have somewhat of a monopoly since there is currently no one else with the SEC approval(except Optimark which we all know does not work) and because it takes years to develop this system and get approval for it....2$ a share earnings could be as early as this year....

Your arguements are weak, unresearched and nothing more than those of a short seller trying to hype a stock down...won't work...I know ...I tried to do it to AMZN a year ago (see my thread if it still exists) AMZN went up 550 points from when I started the thread and I thoroughly bashed it along with others, day in and day out...bash ASTN all you want...you can't hype the real deal down....ASTN is the real deal...try to get out soon, or you may not be able to recover ...seriously......there will be no stopping this stock in another few weeks..good luck, you will need it...;^)
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