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


To: mst2000 who wrote (2358)8/19/1999 2:02:00 PM
From: Sir Auric Goldfinger  Read Replies (1) | Respond to of 4443
 
Wrong! SDS is a back office software group, they will have NO ability to sell this POS software. Even if the software/system were good, these guys would be the wrong guys to sell it. Just plain wrong channel. Also cuts any revenues in half. Clearly mgmt. have capitulated, can't sell it and could not get any real JV's together and struggled to find anybody (even if it was the wrong channel) to try to helpd their msserable effort. SDS has zero ability to get mind share of PMs (that's Portfolio Managers for you chatsters, not Private Message)

Furthermore, funny thing is that with any sales effort success whasoever, one would have thought that protfolio managers would say, ala Peter Lynch, that "hey this is pretty cool product, why don't I buy some into the fund?"
But NOOOOOOO as Steve Martin used to say, there ain't 1 IOTA of institutional shareholders. The thing does not work, is irrelevent and burns cash like there's no tomorrow. At a price to book of 72 and no biz, this POS is a GTO. Gomez Advisors what a joke, IPO through Bear, you guys are dreamers. I mean a 1.5M consulting biz? How low tech can you get?