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

To: Zeev Hed who wrote (538)	5/3/1999 10:22:00 PM
From: AJ Berger	Read Replies (1) \| Respond to of 4443

ASTN Weighted Average Model is worth it. basically that .03 per share commission rate is worthwhile as ASTN's trading model yeilds better pricing for the customer than other available systems. I don't claim to under- stand specifically why, though I can imagine how this all works enough to believe in ASTN. This is an over simplified example, but if you wanted to buy stock, and for a higher commission you could always buy on the bid and sell on the ask, you'd pay a premium I'm sure. That seems to be the relative attraction to ASTN's system. I'm quite certain they will have enough trading model examples to profile for prospective customers by July, to make them believers as well. Since it all works on a Automated Statistical model, it's easy to simulate for a customer in real time. I'm trying to learn more about the Posit system to understand why ASTN's system is supposed to be superior. I'll share my findings when I find the time. Considering it took Posit a decade to generate 20mil shares per day of trading; ASTN's projection of doing that much volume this year is ambitious. That's why I don't project any earnings based on this claim, because I'm skeptical it can be achieved. However any remarkable daily volume growth from the July launch date should be rewarded by Wall Street as long as the trend continues ever higher.