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

To: Edscharp who wrote (1030)	5/14/1999 3:46:00 AM
From: Candle stick	Respond to of 4443

SOME REAL INFO ON ASTN? READ BELOW ALL NEWCOMERS: 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? 50 before 5..are you really willing to risk that kind of loss? The move has only just begun.........;^)