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


To: Sir Auric Goldfinger who wrote (4030)8/8/2001 2:23:53 PM
From: mst2000  Read Replies (1) | Respond to of 4443
 
I have never been an insider to ASTN (NEVER), nor am I a securities industry professional -- and if you call comprehensive, honest expressions of opinion on internet message boards "touting", you better re-read your NASD and SEC guidelines. I have been extremely up front about my interest in the company as a stockholder, and a long, and have never acted contrary to my posts -- which have included countless expressions that people should do their own thinking, make their own decisions, etc.

On the other hand, Steve, you actually hold NASD licenses (according to NASDR, as an "Equity Trader", "General Securities Principal" and "General Securities Representative"), which obligate you (in addition to some basic compliance requirements involving the firm you work for) to disclose in every communication that you make to the public which involves an investment recommendation (i.e., sell the POS, etc.), certain information about your status as a licensee, information that I have never seen in any post of yours I have read (including on the message board you regularly host on SI -- an area where both the SEC and NASD have some pretty strong emerging views). The failure to disclose one's status as a NASD licensee is very similar to the conduct which MMMary has repeatedly accused John Westergaard of committing -- she labels it "fraud" everywhere she posts, but that's another issue -- that is, in Westergaard's case, failing to include appropriate disclosures about his relationships to the companies he was posting about. In your case, the issue would be your obligation to identify clearly in EVERY POST YOU MAKE your status as an industry professional and NASD licensee, so that people reading your "recommendations" know exactly who they are dealing with. But that's your problem, not mine.

You shouldn't threaten people, Steve, it is unbecoming (if not worse, given your apparent status as a securities professional). But let me be perfectly clear here -- I am very satisfied that my participation in Ashton message boards is not prohibited because I happen to practice real estate law, and I am equally comfortable with the content of the posts I have made. I find it quite interesting that after months of ignoring this board, all of a sudden you show up (with the stock trading at 78 cents a share no less) to fire off an intensely obnoxious and harassing series of posts, containing explicit threats, and ragging on a stock that you still know very little about. I can't help but wonder what your angle is (after all, you always have one) -- but that's between you, your conscience, and perhaps a few self-regulating organizations and/or federal and state regulatory agencies in the securities industry.

Have a nice day.

MST