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


To: Sir Auric Goldfinger who wrote (771)5/7/1999 4:06:00 AM
From: Candle stick  Respond to of 4443
 
HOW ABOUT SOME REAL INFO ON ASTN? READ BELOW :

Lets start with the ASTN homepage which can be found at:
ashtontechgroup.com

ATG™ and its subsidiaries are developing an array of on-line products and services - a family of electronic
equity trading products for the institutional market, a transactional web site, and internet brokerage services.
Visit our subsidiary company sites to learn more.
ashtontechgroup.com
UTTC® is a subsidiary of ATG. UTTC deploys
and operates on-line transaction systems for the financial services market. During the
past year, UTTC completed the development of the Universal Trading System (UTS™)
and its first product module called the (VTS™), a Volume Weighted Average Price
(VWAP®) Trading System.

Here is the Philly exchange press release about SEC approval:
phlx.com

Here is Gomez.com (pres. Julio Gomez is a frequent guest on CNBC and often quoted in the financial press):
ashtontechgroup.com
Gomez, headquartered in Boston, Massachusetts, will provide
clients in the financial services industry with advice concerning the business potential
of the Internet as a tool for use in marketing and the interactive distribution of financial
products. The range of services that will be provided by Gomez Advisors includes

Here is the Gomez message board site gomez.com

Here is press release where Gomez states they raised 5.5 million $ in a private placement. (Obviously they are being readied to be spun off as an internet IPO)
ashtontechgroup.com

Here is Emc:
ashtontechgroup.com
eMC™ will provide the retail clients of financial
intermediaries with interactive market access and will serve as a global electronic
distribution channel for a full range of financial products and services. It is envisioned
that eMC™ will become a "virtual market community." eMC™ was formed in June
1998 by the Ashton Technology Group, Inc. (ATG™) together with its management.
eMC™ is in its initial stages of development and is anticipated to be available to the
brokerage industry in the second quarter of 2000.

Here is a list of management with credentials, starting with Fred Rittereiser, chairman, and cofounder of Instinet
ashtontechgroup.com

VWAP will go live in July :
ashtontechgroup.com

Rittereiser said he expected to have signed on 50 participants—"more than half of which will be institutions,
the rest broker dealers"—by the July 1 launch. He said he expected to have more than 100 institutions
participating in the system by year-end.

Rittereiser also predicted that "by year end, we'll be doing 20 million shares per day on the system."
Referring to the only other system that is currently operating as a facility of an exchange, he said, "there is
no doubt that we'll be bigger than Optimark."


charge is 2 cents per share, and they get it from both sides of the transaction.....20 million shares a day x 2 cents....you do the math.......

That enough for now to convince you of the reality of this company?