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


To: CMon who wrote (3031)12/1/1999 10:46:00 AM
From: PDL  Read Replies (2) | Respond to of 4443
 
I disagree.

I'd like to know which of those institutions Nanchate lists "generally manage index funds" and "which index funds" would they be managing. What "index" could ASTN currently be slotted into? OTC $5-10 stocks?! I don't think know of any index fund like that. Generally institutions like this shun stocks priced under $10 and under $500MM market cap. I could see ultimately some sector investors establishing a fund focused on alternative electronic exhanges, but I suspect this is a bit premature.

We have no way of knowing what the motivations of these institutional investors is but I welcome their presence and "strong hands." JMHO.