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

To: AJ Berger who wrote (1756)	6/15/1999 8:54:00 AM
From: wily	Respond to of 4443

AJ, Thanks. I stopped following the thread for a while. Missed the dilution bit. You've also got to figure that there's going to be a sell-off at some point prior to VWAP launch similar to a pre-earnings-report sell-off where speculators take their money off the table. >>That's why independents will always prevail, as long as they are very sensitive to industry needs and rapid changes.<< I can't really argue with this since fact bears you out. I noticed in an article posted here a few weeks back that institutions pay 4.6c/share on average to brokers for their services. I didn't see any comments on that. w

To: AJ Berger who wrote (1756)	6/15/1999 5:58:00 PM
From: Candle stick	Read Replies (1) \| Respond to of 4443

Ha. dilution. It had occurred months ago. Those of us who have been in from the get go always knew that the fully diluted shares was not 15 million but closer to 28. I always knew that and I knew when most of the conversions took place down around 3 dollars. There was no dilution in the last few weeks. Just shorts praying on fearful longs that bought in late, and taking advantage of a negative environment in the internet sector to make a quick kill. Lowensteiner on IIonline was probably a friend of the shorts, much the way Alan Abelson is to the shorts in AMZN. They have written negative articles on AMZN for 1 1/2 years now and finally managed to crack the stock when the market as a whole turned. Lowensteiner did the same. Dilution? Nah. Didn't happen now. What did happen now was hot short term money buying in at 13, 14 15, and panicked out at 10, 9, 8, when IIonline article came out last week. Like I said before. The company is legit. The product is GREAT. The institutional interest is VERY high. The system is online in JULY. And the real insiders, officers of the company, have not sold any stock, nor have they registered any. Fred Ritterieser does not even draw a salary, and has stated that he will not draw a salary until they are profitable. He owns 2.2 million shares. Thats all I need to know..........;^)