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


To: mst2000 who wrote (3947)7/24/2001 7:56:03 PM
From: mmmary  Respond to of 4443
 
mst: my answer

First my caveats. Yes, a 20M vwap day would be good for astn if (1) they are still in business by that time (2) they could show a profit on that volume (3) if it's real volume and not some made up number (that bit today about vwap volume being more than entire volume for the exchange on a certain day is disturbing).

Vwap volume will not matter if they're out of business, out of money, have big shareholder lawsuits, share value goes down to the pennies, there is extreme dilution through toxic financing, there is a huge reverse split then more shares are printed up...

vwap is one piece of the equation. It isn't everything. I've seen companies with great products go belly up. I've seen companies with so so products become extremely successful. It's like you're a smart guy but that doesn't mean you are successful or a great investor. See what I mean?



To: mst2000 who wrote (3947)7/27/2001 4:25:05 PM
From: Rob W  Respond to of 4443
 
Interesting how they picked up another 30 million in capacity over the prior quarter. Still puzzled why they didn't make a separate announcement regarding the kick-off of the guarantee program. Guess FR likes to keep it close to the vest.

<<<n addition, during July 2001, Ashton introduced a ``Guaranteed eVWAP Execution
Program'' in the S&P 500 listed stocks. The eVWAP system now
has an average of 100 million shares available on a daily basis for institutional clients.>>>