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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (10890)	1/19/1998 10:00:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 79270

Doug from ASTN's 10Q: "On April 8, 1997, the Company announced that UTTC had completed development of its UTS(TM) VWAP(TM) trading system. Under generally accepted accounting principles, the Company expenses development costs until the system is ready for commercial use and thereafter capitalizes any additional development costs. Although the UTS(TM) VWAP(TM) trading system has been operationally ready since April of 1997, trading on the system can not begin until the Securities and Exchange Commission ("SEC") approves Rule 237 proposed by the Philadelphia Stock Exchange ("PHLX"). An amendment to the proposed rule, reflecting enhancements made to the system since the SEC first published the proposed rule in the Federal Register on September 4, 1996, was submitted by the PHLX to the SEC on October 27, 1997. Management expects that the SEC will choose to re-publish the proposed rule and amendments in the Federal Register, in which case the notification period will be a minimum of 35 days and a maximum of 90 days after publication. " Sergio

To: Doug R who wrote (10890)	1/20/1998 9:23:00 AM
From: Hank	Respond to of 79270

Doug, I won't contend that ASTN's prospects are not very good. They look to be on the right track to make a lot of money. However, as an investment, they are still just an assumption at this point since their trading system has not officially been approved yet. All new technology looks wonderful on the drawing board. However, I require proof that this is going to be a viable and profitable company before they see any money from me on either a long or short term basis. I appreciate your pointing it out to me though. It is defintely a company that warrents keeping an eye on. It just doesn't seem to fit within my risk tolerence limits at this point. Like I told Sergio, I have not finished looking at it yet. Maybe I'll see something that will change my mind. Hank

To: Doug R who wrote (10890)	1/20/1998 11:45:00 AM
From: James Strauss	Read Replies (2) \| Respond to of 79270

FAXX... Doug: The chart of FAXX looks great... There appears to be an easy 35% upside in the near term... Carole mentioned this last week... I bought it... Here is a recent headline... ................................................................. FaxSav Announces Agreement with Second Largest Carrier in Japan DDI to Offer Worldwide Internet Faxing to Japanese Customers Over FaxSav's International Network EDISON, N.J., Jan. 13 /PRNewswire/ -- FaxSav (Nasdaq: FAXX - news) today announced a partnership agreement with DDI Corporation, the second largest telecommunications carrier in Japan, to offer international faxing over the Internet. DDI's selection of FaxSav confirms FaxSav's position as the leading worldwide provider of Internet faxing technology. Jim