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Non-Tech : Ashton Technology (ASTN)
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To: Sir Auric Goldfinger who wrote (979)5/15/1999 5:46:00 PM
From: Candle stick  Read Replies (2) of 4443
 
Moronic Brownfinger...it's well known by those of us in the business that Optimark system DOES NOT work as intended...it operates poorly at best yet still generates almost 2 million shares a day in volume...at this point I believe ASTN has already signed contracts with more counterparties than are already using Optimark.....and ASTN has not even thrown the switch to start operating...I think Optimark failure had a lot to do with the long delay ASTN experienced in getting SEC approval...this system (VWAP) was tested forwards backwards and every which way imaginable and THEN it got approval....close to 100 interested parties already signed on BEFORE VWAP has even begun....this system will come out of the starting gate with a huge following already, and do MORE volume on the first day than Optimark has done on their best day...but hey? why listen to me!....wait 'till July 1 and get your doors blown off!......me? I will be on a yacht in the Carribean come September...Ciaooooooo baby........;^)

P.S. Markets getting roiled this week, lots of stocks getting banged up badly, but ASTN hanging tough at 11.....doesn't seem to be much to squeeze out of the downside....did I say squeeze? Ooops . Thats what I expect to happen next week when things start to bounce back a bit, since ASTN could not break support, the squeeze should be big....next piece of news gets it above 14 and then you will see 20 in a flash.......or maybe you will have fainted by then and not be able to see it?
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