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: Smokey888 who wrote (2971)	11/5/1999 3:47:00 AM
From: Candle stick	Respond to of 4443

Email response from Fred Ritterieser: The following is an email response sent to a shareholder who posted it on Yahoo! message boards. I am just copying it here. It is from Fred Ritterieser, CEO of Aston. It appears to be original to me...... Its a matter of time before the news is released. You will see Phase 1 was a complete success. EVERYTHING IS ON TIME! The company is following it's business plan, and it will not disclose its market strategy with anyone. We always disclose or announce a material fact to our shareholders as events occur. Our last press release was on October 19, regarding ATG Asia. What lack of information? We have press releases dated 9/27, 9/7, 8/30, 8/19, etc. etc. We had our annual meeting attended by over 200 shareholders. We reviewed all of our projects and how we intend to implement them. The market rebounded Friday, Ameritrade last week was 18 3/4 now 16 3/8. E*Trade was 26 now 25, Reuters (Instinet) was 57 1/2 now 56 1/4, ITGI high is 48 1/2, now it trades at 25, National Discount Brokers high for the year was 93, it is now 24 3/4, our low was 1 3/32, high was 18, now it is 6 1/4. Percentagewise, we are no worse than the group. You can relay this message to your group. I hope it helps. You can tell the people you recommended this stock to, that the group that we trade in is off from 65% to 70%. As for our Phases, Phase I, II, and III are in motion, as planned. Phase I is a complete success, Phase II starts in a few weeks as we complete the electronic hook up with 8 to 10 clearing agents allowing an additional 25-30 clients to use the system. Too early on Phase III until Phase II implementation of the clearing agents is complete. Small cap stocks are not followed, in fact of the 10,000 stocks NYSE and ASE and NMS NASDAQ stocks only 4000 stocks are followed by analysts. Thank you for your support, FW Rittereiser 1. Will eVWAP complete its 3 phases and begin full scale operation by the end of the year? YES 2. What is the situation with unmatched orders? Returned to sender or re-routed 3. Do you have a system in place where market makers will fill those orders? We will not disclose that information 4. When will ASTN be listed on NASDAQ as opposed to its current small cap NASDAQ listing? We have applied Last you may have misunderstood my e-mail in regard to lack of company news. What I really wanted to convey was the lack of information being released on the ongoing Phase 1 and how successful it is. See our September 30 Q for that information on the phases. As far as the other News i.e. ATG / Asia-Canada- etc. I really believe the street is most interested to see if the phases are a success or not. Once ATG proves it is currently having success then the street should respond. The first Phase was a complete success! Thank you for your support, FW Rittereiser