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


To: Keith A Walker who wrote (104)4/6/1999 3:15:00 PM
From: don denson  Respond to of 4443
 
I agree with you that institutions will pour into ASTN when revenues begin (they will be very well aware of the co and its potential then, as they will be using its services!).

Of course, if you as an individual investor wait for the risk to expire between now and then, you will pay a hefty price for each share at that date up the line. But you will still make a very tidy profit with the appropriate hold period (if all goes well, you could hold well, I mean well into the future!).

regards,
dd



To: Keith A Walker who wrote (104)4/6/1999 9:48:00 PM
From: JIM W  Read Replies (1) | Respond to of 4443
 
Keith,

I know all about speculative stocks...I speculate, then they go down. Occasionally I hit one that goes up and that makes up for the others. It gets in the blood, you know.
I picked up some ASTN today and, by golly, it closed up a little. That is a good omen.
I studied on this one a long time, almost too long, watching it go from 2 3/8 to 4 3/4. The prospects look good and hopefully with an infusion of some cash, they can reduce some of the debt. I have a feeling the deeper I dig the more I'm going to like ASTN. If so, I'll be anxiously awaiting a good dip every now and then.
By the way, I have my real money in mutuals and my play money in the small stocks. Like you, this is fun, and if I can make a living at this, I'd feel like a baseball player who got paid to play. But, till then, by day I'm with UPS and by night I'm practicing the art of investing.

Jim W