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


To: mst2000 who wrote (2374)8/19/1999 8:56:00 PM
From: Zeev Hed  Respond to of 4443
 
mst, unfortunately, I am not very well versed in the "priviledged" trading systems used by institutions (I am one of the very small "uninstitutionalized" fish). However, it is quite possible to correlate the current weakness to either of the following two: a. Potential floorless financing in "progress", b. General reduction in trading volume (and thus reduction in expected volume for VTS when launched).

The fear of the first and the presence of the second could very well bring ASTN below its current support around $9.5, and then, I do not know how far it will go, but we might have a new entry (if the general business model is still valid) two three bucks lower.

Zeev



To: mst2000 who wrote (2374)8/19/1999 10:46:00 PM
From: Wesley0428  Read Replies (1) | Respond to of 4443
 
Sungard has 272 institutional clients, but who knows of what type or how much influence Sunguard has.