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: mst2000 who wrote (2846)	10/13/1999 11:03:00 AM
From: Sir Auric Goldfinger	Read Replies (1) \| Respond to of 4443

INSIDER HISTORY:MOORE (VP) BUYS ASHTON TECHNOLOGY GROUP INC 10/12/99 22:56 NET VALUE OF INSIDER ACTIVITY (IN THOUSANDS OF DOLLARS) LATEST 30 DAYS TRADING: $ 11 MONTHLY HIGH:(12/98) $ 0 AVERAGE MONTHLY VALUE: $ -479 MONTHLY LOW: (07/99) $ -2,415 INSIDER NAME REL TRADE DATE(S) TRANS SHARES PRICE(S) HOLDINGS ********** * *********** * ** **** ****** ASHTON TECHNOLOGY GROUP INC - [ASTN] BACCI ARTHUR J OD 09/24-24/99 Buy 700 5.94- 6.00 1,100 MOORE DAVID J VP 09/14-14/99 Buy 1,000 7.00- 7.00 1,000 RITTEREISER FRED CE 07/06-09/99 Sell 200,000 11.94- 12.19 363,500 o BLOHM JOHN A D 04/08-29/99 Sell 62,500 4.00- 8.75 0 VON KLEECK SCOTT VP 04/30-30/99 Buy 1,500 6.63- 6.63 1,500 a GOTHNER K IVAN F D 12/01-01/98 Buy 10,000 1.38- 1.38 20,000 a = AMENDED FILING o = OPTION RELATED SALE * = MOST RECENTLY REPORTED Copyright 1999 The Washington Service

To: mst2000 who wrote (2846)	10/13/1999 5:34:00 PM
From: EyeDrMike	Respond to of 4443

interesting that on August 25th, ITG senior vice president recognizes ASTN and VWAP, <<Investment Technology Group Inc.'s Posit introduced average price crossing systems several times in recent years with little success, said Tony Huck, an ITG senior vice president. ''In this market, with the volatility, there was little interest in people being locked into a VWAP,'' he said. ''So much can happen in the course of a trading day.'>> And then today, the CEO says he unaware of any new competition for institutional trading pie: <<''While cyclical trends in trading volume have effected our near-term performance, many of the secular changes occurring in the structure of the equity markets have not.'' Killian noted that many of the recent developments in electronic trading are focussed at the individual investor, currently not a target market for ITG. Thus, ITG has not seen any new competitive challenge to its role as an electronic facilitator in the institutional market. >> Seems he sets ITG up for a shareholder suit. Of their 500 clients, only 7 make up 52 % of their volume, and losing one of more of them to Ashton could significantly impact earnings going forward.