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Non-Tech : Ashton Technology (ASTN)
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To: Michael T Currie who wrote (774)5/6/1999 8:10:00 PM
From: Zeev Hed  Read Replies (1) of 4443
 
Hi Mike, "long time no see". The financial instruments used by ASTN is the same as that used by RNTK, all right, but I think there is a difference between the two companies, first, by some magic, the stock is now well above $10, thus exercising the put will cause only dilution by 1 MM shares, barely 3% of equivalent shares outstanding. Also, they have more than 2 MM warrants they can call, apparently to bring in more than another $10 MM. Last, Gomez raised $5 MM thus their burn rate is well taken care of. RNTK is still burning cash with no hope of positive cash flow on the horizon.

Zeev
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