Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Ashton Technology (ASTN) -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (1674)	6/11/1999 1:51:00 PM
From: Jim Cash	Read Replies (1) \| Respond to of 4443

I have the 50 day at 10... This often times provides support... The next 3 days are key to where we are going... One thing for certain, Auric and his cronies are having their way right now... But one pre open announcement would hurt them really bad... It could happen anytime now...

To: Zeev Hed who wrote (1674)	6/11/1999 2:53:00 PM
From: Nanchate	Read Replies (2) \| Respond to of 4443

Zeev, Thank you for your valued input and comments on this thread. They are appreciated. I spoke with ASTN's CFO today and may have a couple of clarifications for you. You mentioned "some additional delays," which seems to imply there has been a delay, when in fact from ASTN's point of view there has not been any delays on their end. The plan has always been to go online in July and the quote of July 1 may have been taken out of context by the reporter. Even if it were July 1...which "makes no sense to go online on a Thursday prior to a holiday weekend" I have been assurance that VWAP is ready and more than able to go online at anytime even prior to July 1. I believe the July 1 statement was more of a confirmation that VWAP is *all systems go.* Another question I had clarified was concerning the Series D and E's (the floorless) The D and E's are completely gone and they are already in the existing float, so the dilution has occurred for those already. The dilution occurred as the share price rose. I was also told that the Company has not filed and does not plan to file a S8. There has only been one insider thusfar which has filed to sell his individual shares, and sold. It sounds like he will not be voted back on the board. The other members are committed to making this company profitable and successful. Technically breaking 10 1/2 is what caused the dip down to the low 9's. We broke a quadruple bottom. But as far as any fundamentals changing, delays or any inability to get the desired number of subscribers, those don't seem a problem according to ASTN. (The issue of # of subscribers is actually not the crucial factor. The most important factor would be the activity/usage of the subscriber over the sheer number of subscribers.) The company is poised and ready to roll out the VWAP system into the market and fulfill a need for the anonymity, market neutrality, accessibility from anywhere in the world, total data security,exchange-standard surveillance, seamless integration into customer trading and investment management portfolios, electronic connection to pre-trade analytic and post-trade, industry-wide clearing and settlement mechanisms, and the ability to upgrade and expand with rapidly changing technologies. With the greenlight to trade the top 400 listed securities (based on market cap and liquidity). Zeev, I hope this is of some help in making sense of things. Nanchate