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

To: Sir Auric Goldfinger who wrote (2961)	11/1/1999 1:36:00 PM
From: mst2000	Read Replies (1) \| Respond to of 4443

Auric - I am neither long nor short on TRAC - I do use it for my Level II service so I have watched the price (a little jealously for now). Every time TRAC hits 7 or 8 it bounces back into the low double digits and then it leaks back to 8 or 9 (most recently, it was getting whacked by the On-line Broker blues, down to high sixes, low 7's). It is not a particularly exciting company, though it seems respectable enough (as I said, I am neither long nor short). Since you posted, the stock has climbed from 12 to 14 and is now in the mid 13's on very high and sustained volume. I happen to agree that it's a short at 13 1/2 (I agreed at 12 FWIW) but since the stock is followed by a lot of daytraders who use their system, who may sustain the "rally" for a while longer, and is being subjected to what looks a lot like a short squeeze, it looks like a risky entrance point even now in the mid 13's. How would you time entry into a short position for a stock like TRAC which has this kind of strong buying volume? A genuine question - curious for your response. Also, a second question: What do you mean when you say that TRAC is more "promotional" of a "joke" than ATG? Again, a genuine question - hope you can offer up a civil response. MST