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To: Art Baeckel who wrote (21169)	7/27/2000 8:12:15 AM
From: Art Baeckel	Read Replies (1) \| Respond to of 22640

Here is our TBH on the Philadelphia "eVWAP". Ashton Technology Announces Addition of 50 New Stocks to eVWAP Trading System Business Wire - July 26, 2000 09:19 Jump to first matched term PHILADELPHIA--(BUSINESS WIRE)--July 26, 2000--The Ashton Technology Group, Inc. (NASDAQ: ASTN) announced today it will add 50 additional stock symbols for trading on its eVWAP(TM) trading system, effective Monday, August 7th. This will increase eVWAP eligibility to 100 issues. As a facility of the Philadelphia Stock Exchange, the eVWAP intelligent matching system allows pre-opening order matching for large-sized equity orders at a standardized volume weighted average price, with absolute end-to-end electronic anonymity, including "straight-through" clearing and settlement. Following the morning order entry session, executions occur and are reported to participants at 9:20 a.m. Eastern Standard Time (EST), with the final eVWAP price calculated and assigned to the trade at 4:20 p.m. EST each trading day. Ashton CEO Fredric W. Rittereiser said, "The addition of these 50 stocks will accommodate broader use of the system and allow for volume growth and liquidity as we integrate larger participants." The following 100 issues will be eligible for trading on August 7th, with new issues bulleted. Symbol Company AOL AMERICA ONLINE LU LUCENT GE GENERAL ELECTRIC NT NORTEL NETWORKS NOK NOKIA CORP IBM INTL BUS MAC TXN TEXAS INSTRU C CITIGROUP MOT MOTOROLA EMC EMC CORPORATION WMT WAL-MART HWP HEWLETT-PACKARD CPQ COMPAQ T AT&T MU MICRON TECH GLW CORNING TWX TIME WARNER VOD VODAFONE MRK MERCK XOM EXXON MOBIL AXP AMERICAN EXPRESS AIG AMER INTER GRP CMB CHASE MANHATTAN HD HOME DEPOT JNJ JOHNSON & JOHNSON SBC SBC COMMUNICATION GM GENERAL MOTORS PFE PFIZER MER MERRILL LYNCH TYC TYCO INTERNATIONAL MO PHILIP MORRIS BAC BANK OF AMERICA PG PROCTER & GAMBLE SGP SCHERING-PLOUGH SLR SOLECTION BMY BRISTOL MEYERS LSI LSI LOGIC DIS WALT DISNEY KO COCA COLA PCS SPRINT PCS GROUP TMX TELEFONOS DE MEX SA ADI ANALOG DEVICES SLB SCHLUMBERGER USW US WEST TBH TELEBRAS HOLDRS MWD MORGAN STAN DW CCU CLEAR CHANNEL FNM FANNIE MAE BPA BP AMOCO MDT MEDTRONIC -- MCD MCDONALDS -- CL COLGATE -- AA ALCOA -- DD DUPONT -- CA COMPUTER ASSOC -- AHP AMER HOME PROD -- GMH HUGHES ELECTRONICS -- HAL HALLIBURTON -- LLY ELI LILLY -- WFC WELLS FARGO -- CCL CARNIVAL -- CHV CHEVRON -- BCE BCE INC -- ENE ENRON -- F FORD MOTOR -- GPS GAP -- BLS BELLSOUTH -- PEB PE CORP-BIOSYSTE -- NSM NATIONAL SEMI -- KMB KIMBERLY-CLARK -- GTW GATEWAY -- AMD ADVANCED MICRO -- SCH CHARLES SCHWAB -- JPM JP MORGAN -- EDS ELECTRONIC DATA -- CVS CVS CORP -- MMM MINN MIN MFG -- CS CABLETRON SYSTEMS -- BA BOEING -- PEP PEPSICO -- ALA ALCATEL -- RD ROYAL DUTCH PETRO -- ABT ABBOTT LAB -- PHG KONINKLIJKE PHILIPS -- FON SPRINT -- HON HONEYWELL -- BUD ANHEUSER-BUSCH -- ONE BANK ONE -- STM STMICROELECTRONICS -- AT ALLTELL -- DNA GENENTECH -- G GILLETTE -- IP INTL PAPER -- GDT GUIDANT -- DOW DOW CHEMICAL -- TER TERADYNE -- UTX UNITED TECH -- TX TEXACO -- CD CENDANT -- SEG SEAGATE TECH The Ashton Technology Group is an evolving network of affiliated companies that develop and market technology-based products and services to enable businesses and consumers to execute better-informed transactions within global electronic marketplaces. Ashton utilizes advanced telecommunication, computing, data and information security, and Internet technologies, to develop electronic transaction and distribution systems and products for the global financial services industry. The forgoing press release may contain forward-looking statements based on current management expectations. A variety of important factors could cause results to differ materially from such statements. Factors that could cause actual results to differ from current expectations include availability of qualified personnel, general economic and business conditions. These and other risks pertaining to Ashton are described in greater detail in the Company's filings with the Securities and Exchange Commission including those on forms 10-K and 10-Q. CONTACT: Ashton Technology Group, Inc. Investor Relations and Media Contact Fraser P. Seitel, Emerald Partners, 201/784-8880 fax: 201/784-1446 ashtontechgroup.com