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

To: Lawrence Burg who wrote (173)	4/17/1999 7:10:00 AM
From: jackie	Read Replies (2) \| Respond to of 4443

Lawrence, Don't worry at all about the 144s. In fact, technically, we have nothing to worry about on this stock for some time. Look at today's volume. That represents almost half the float of the stock. In one day. This shows there is plenty of interest in the stock and even if all the 144 holders sold at once, the market would easily absorb them. We have gone through every resistance level like a knife through butter. I was hoping that we would simply close above 5 this week. Forget that. It's history. We are on course, from a simple TA point of view to 10. Next resistance level after that, 16. If we go through that, well, there is no reliable way of predicting where we could wind up. This is an Internet play, no mistake about that. But, it's making money, or at least, will be year's end. And it is going to be a major player in the new electronic exchanges of the future. Always nice to own a piece of the future. As has been pointed out here and on the Yahoo board, which has greatly improved, if we do reach the 20 million share per day load on the VWAP system, this company will be a little money machine. And it won't stop there. Literally billions of shares are traded every day. If the promise of this technology proves up, a ten fold increase in our volume would still be a drop in the collective bucket. 200 million times .03 per share = 6,000,000 per day revenue. Assume a 40% margin, 2,400,000 per day profit times 220 days per year, 528,000,000 per year profit, divided by 25,000,000 shares (all the authorized shares there are) I get $21 per share profit per year. And of course, there is nothing to stop the system from running 7 days a week. What PE do you want on that? 10? That's $210 per share. Use your own numbers from this point on. Pretty staggering when you think about it. And unlike a lot of the Internet hype, this are calculable numbers based on some reasonable assumptions. And for only one part of the business. Also, consider the new software coming out for the web known as XML. HTML is the current software backbone of the web, but it is inherently clumsy and wasteful of server resources. XML addresses these software productivity issues. It's all explained in the latest issue of the Scientific American. The widespread application of XML will make more efficient use of the hardware supporting the web. Bad news for hardware manufacturers, like CSCO, DELL, GATEWAY, etc. Great news for businesses actually using the web, such as ASTN. Very similar to what the jet engine did for airlines in the fifties and what the diesel did for the railroads in the twenties. So here we are, just getting started as a company, and there is already another software revolution underway to benefit us. Lots of interesting things going on these days. Nice to own little part of it as well. Regards, Jack Simmons

To: Lawrence Burg who wrote (173)	4/17/1999 12:59:00 PM
From: Keith A Walker	Read Replies (3) \| Respond to of 4443

The 144's probably are not all that meaningful when you think about it. Could be restricted stockholders lining up to take some profits. None of the names listed below are recognizable managers to me: 5-Apr-99 O'LEARY JENNIFER (144) 15,000 Common $30,468 1-Apr-99 DORSI GARY (144) 30,000 Common $117,187 1-Apr-99 GENK CARL W (144) 50,000 Common $93,000 30-Mar-99 CANALI ROBERT & AMELIA (144) 30,000 Common $99,375 25-Mar-99 WALSH ELLEN (144) 30,000 Common $86,250 15-Mar-99 JAMES & NANCY DONNELLY (144) 5,000 Common $82,000 15-Mar-99 CLEMENTE KEVIN (144) 5,000 Common $82,000 15-Mar-99 SALERNO JOHN J (144) 5,000 Common $82,000 15-Mar-99 CAUALLERO, MARK & NICOLE (144) 5,000 Common $82,500 8-Mar-99 BOGOSIAM EDWARD (144) 30,000 Common $78,000 8-Mar-99 SAMAHA FAMILY LIMITE PARTNERSHIP (144) 30,000 Common $75,000 26-Feb-99 S & R GROUP (144) 15,000 Common $34,218 26-Jan-99 TANNER RONALD S (144) 50,000 Common $145,300 12-Jan-99 TANNER RONALD S (144) 50,000 Common $96,900 15-Dec-98 GENK CARL W (144) 10,000 Common $812,500 7-Dec-98 CONTINENTAL CAPITAL & EQUITY CORP (144) 200,000 Common $600,000 Total of 560,000 shares, which may or may not end up being sold. I wouldn't think, with current volume, this is any problem. I will worry when I see Fred R. and/or William Uchimoto and/or Fred Weingard on this list.