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

To: mst2000 who wrote (645)	5/4/1999 8:58:00 PM
From: EyeDrMike	Respond to of 4443

nice to have you on board SI. this bears repeating: "As for your prior posts regarding dilution and "death spirals", other than employee stock options, almost all preferred conversions were accomplished months ago, and are already reflected within the float." Also, there was a total of 3.24 million shares sold by insiders from NITE at 33.50 a share in March. Just a month later, NITE share price subsequently ran to a high of 161.50 a share. Mike

To: mst2000 who wrote (645)	5/4/1999 9:05:00 PM
From: Rob W	Respond to of 4443

MST, On behalf of many, let me be among the first to welcome you to this thread. I am sure your life has many positive accomplishments, but your contribution to an informed public discourse on Ashton has benefited many of us, and aside from your appreciating assets, I hope you rightfully take a sense of pride your contribution. THANKS.

To: mst2000 who wrote (645)	5/4/1999 9:58:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 4443

mst, it might make sense to attempt to build a model of the rate of growth of the system to see how fast it will be self supporting. In the business I am in (new product development) one of our many dictums (sp?) is: "make it twice as good at half the price, if you want rapid market acceptance". I know that I can buy 1000 shares on many of the electronic trading systems for let say $10 (i.e. Datek, but others will charge the same price for up to 5000 shares) or a penny a share. I do not know what institutions are paying right now, but they must be paying less than you and I, thus I still fear that the $.015 on each side of the transaction might be rich. I am also trying to find out how fast it will take to get the thousands of insitutions subscribing to the system. I would say that one could put forward an assumption that 5% of all the transactions in the 300 issues contemplated, (and lets assume that 50% of the total 800 MM shares traded daily is in those issues), or 20 MM shares would be a "saturation" level for the system, and one could then assume a time period (and I would venture a year) before such saturation is reached. Zeev

To: mst2000 who wrote (645)	5/4/1999 11:48:00 PM
From: Peter V	Respond to of 4443

MST - thanks for the civil, well-reasoned posts. I hope we can retain the decorum around here, even if mi Amigo is intent on stirring things up. I brought the juggling balls and the tightrope just in case. ;-)

To: mst2000 who wrote (645)	5/5/1999 1:35:00 AM
From: Sir Auric Goldfinger	Respond to of 4443

Warrant stripping lurks and is owned up to right here:"$11.7 million which will be generated by calling the warrants (which it is fair to expect will happen in about 7 trading days) Hey guess what, either way, the stock goes down. And eyedrmikeeee, you better stick to being an occulist, there is tons of potential dilution hanging out there. The above strip is only one part, Rajiv, as ever has done a great job of figuring out the max dilution, And that amount is well over 100% potential increase. Go back and objectively read it and do the math before you reprint a small portion of the facts.