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

To: Land Shark who wrote (772)	5/6/1999 6:11:00 PM
From: mst2000	Respond to of 4443

Nice circle jerk you and Auric have going. Not very profitable, but impressive nevertheless. Hey Auric - why don't you tell me what you really think? MST

To: Land Shark who wrote (772)	5/6/1999 8:05:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 4443

yields, I am not particularly positive on this stock, and I even believe that there is a pretty good chance that it may retrace to just above the warrants' price, what I fail to understand is the plethora of posts that have nothing to do with the company's business model and its potential for success or its possible problems. If asked what is "verbal pugilism" I would point to the series of jabs exchanged here between the bulls and the bears. I think the bulls put too much faith in "management's" words and prior successes and pay too little attention to the fact that money is what make business run and ASTN has very little of that commodity. I think that the bears disregard the fact that ASTN can access at once almost $20 MM (and that accessing will indeed put pressure on the stock), and that the Gomez group has somehow managed to raise a non toxic (so it appears) $5 MM. Since I think that management is pretty smart and is going to call in those warrants and put the stock to the floorless bandits at prices here above $10. I also believe that the bandits and the warrants holders are not stupid either, and between $10 and $14 they were busy hedging their bets and shorting the stock against the block. Until April 15, not much shorting had occured (only some 100,000 shares short), but I have a gut feeling that this position will increase when the May report comes out (if the shorts are not covered by delivering paper from the company). To the extent that that was not done, the warrants holder will probably cut on their position to "lighten up, and thus my reasoning that the stock will be under pressure. Since there will be no results from operation for some time, we will not know if ASTN can indeed get $.015 per side per share and if they indeed are on their way to 20 MM shares daily, you and Auric think it is a pipe dream and many others think it is "conservative", I simply do not know, but tend to think it is not "competitive". Now if we started to look at these numbers and rationally come to numbers that make sense on both sides, we might be getting somewhere. Zeev