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: Dr. Seuss who wrote (1703)	6/14/1999 10:30:00 AM
From: arpad toth	Respond to of 4443

Job well done, i covered to fast(12 3/4) arpad

To: Dr. Seuss who wrote (1703)	6/14/1999 10:32:00 AM
From: AJ Berger	Read Replies (2) \| Respond to of 4443

Plenty of buyers left here up to $20 shorts were right only because of the dilution, not the ASTN story. I should have known better than holding once I learned of dilution, but we were so close to the system launch I figured on holding. ITG is also down with ASTN on the assumption that as interest rates are brought under pressure, market trading volume, the lifeblood of alternate trading systems, may have growth rate limitations for now. It's not a matter of who is right and who is wrong, but WHEN they were right and wrong. Clearly you and Auric were wrong from $10 to $16, and only now right on this pullback. So let's call it even. ASTN Newbies may think this was a P&D, and I would not blame them, however, I and many others came into this stock much earlier once they got approval to do their trading system. As long as that event has not occurred, or been significantly comprimised, new buyers will be here.

To: Dr. Seuss who wrote (1703)	6/14/1999 10:55:00 AM
From: Sir Auric Goldfinger	Respond to of 4443

Oh, I am still here. Value being realized.

To: Dr. Seuss who wrote (1703)	6/14/1999 1:31:00 PM
From: mst2000	Read Replies (2) \| Respond to of 4443

Doc - sorry - no apologies - congrats on your good timing. I haven't sold a share. Still more or less double my original investment, but have no sense of where the stock price is heading next. Until they go on line, we true longs (e.g., in it for the next few years, not the next few days) are at the whim of the market. As to your request for an apology. First, I was never that harsh with you - I have always tried to be respectful to everybody. But the gist of your posts from day one has been that this is a "classic P & D" which is simply not true. The SEC does not scrutinize a system and the company bringing it to market for 3 years and then approve it if it is a hoax or a fraud. Your implications or accusations to the contrary hold no water with me. Still, this is a start up, and is not yet on-line, so it is open to speculation -- and as Zeev said in his last few posts (every one of which sparkles with common sense and reasonable objectivity), a new investor might want to get a better understanding why the recent trading has been so negative in order to determine whether this is now a safe entry point or not. But there is a gulf between that perspective and the view that "the shorts were right" and "the longs were wrong" -- the game has barely started and you're acting like its over. It is a very volatile stock, the run up to 16 was clearly way out ahead of the reality, and the drop off to 6 21/32 may be equally absurd, though at the moment I would not offer any prediction as to where the price of ATG is heading in the short term. The experience of the last week cries out for caution and thoughtfulness, not gloating, self-hatred or panic. If there is a subplot, I'm sure we'll find out about it. And if there isn't, I am sure that bringing VTS on-line will have a positive impact for ATG and its stock. But what do I know? Still long for all 68,000 shares and 10,000 warrants. No apologies, no regrets. But I'll admit, there is a knot in my stomach that wasn't there 2 weeks ago. MST