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


To: xcr600 who wrote (535)5/3/1999 10:11:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 4443
 
x, a good start, but $.03/share is a fat premium for whatever service when consumers pay a total of $.06/share in commissions max (on 100 shares trades) and as low as $.006 (most on line brokers charge $6 to $8 per trade of up to 1000 shares, some have the same rate for up to 5000 shares). How can any service be 5 times the current total commission? Are you sure these numbers are not by trade? If these are per trade rather then per share, the earnings looks more like $.04 or less per share, and since the number of share will probably increase drastically, even less. Not exactly a bonanza. Do you know more about the PHLX deal? These numbers seems taken out of thin air and are not backed by the reality of todays trading world.

Zeev