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


To: mst2000 who wrote (3514)4/25/2000 9:22:00 PM
From: Keith A Walker  Respond to of 4443
 
One more opinion (FWIW):

Ashton's management needs to prove, through execution of their business plan, that eVWAP will succeed. Not in a few more months, quarters or years, but now. If eVWAP is not being adopted by customers, then Fred R. needs to make this known and deploy an alternative strategy.

The lack of communication by management at this stage of a supposed launch of the primary revenue producing product is cause for concern.

The beauty of the stock market is that it is so liquid. Money can be moved from one company to the next so easily; with the click of a mouse. My patience has run very thin with Ashton management and the opportunities in areas such as broadband, semiconductors, financial services (of the real kind), drugs, biotech & the internets are simply too huge. In other words, the opportunity costs of holding 8000+ shares of ASTN versus other places where that money can be invested is becoming too great to ignore much longer.

Is there good news on the horizon - sure there always is, that is part of the game. Although, I would say that the ASTN game is in the bottom of the ninth with 2 outs. Fred R. needs to step up to the plate and whack one out of the park.

Ashton has continued to hold my interest because of the fundamental changes occuring in the financial markets. This is a sea-change and a broad theme for investing purposes; however, after 3 years of accumulating ASTN, I am close to seeking greener, more lucrative pastures in the above mentioned areas. I have profited to be sure, but, I can profit even more with other equity opportunities.

Fred R.: If you read this message, time is running out. The grace period for a "development stage" company is quickly closing down on your management team. Long shareholders need execution on the business now with some reasonable communication from the CEO as to the current status of eVWAP and its prospects.

Sincerely



To: mst2000 who wrote (3514)4/26/2000 8:10:00 AM
From: lostmymoney  Read Replies (1) | Respond to of 4443
 
Thank you MST.....EOM