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Non-Tech : Ashton Technology (ASTN)
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To: r yudin who wrote (851)5/8/1999 2:01:00 PM
From: Sir Auric Goldfinger  Read Replies (4) of 4443
 
You only know what you've been told, what a tiny brain cell:"There won't be volatility. Thats the beautiful thing about VWAP" Zeev has it right: IF this thing ever got going (PHLX does NOT count, the transaction cost estimates are WAY too high) the rocket scientists would crank up models to arb differences in day end and expected VWAP.
But it's irrlevent, ASTN will NEVER get there.

nytimes.com
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