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

To: Sir Auric Goldfinger who wrote (1180)	5/21/1999 8:27:00 AM
From: mst2000	Respond to of 4443

Let's see - on March 31, ATG's stock was trading for less than $4 per share. How many institutions buy development stage company stocks with a share price of under $10 per share with no history of earnings. I'd say . . . . . zero. It's a miracle that they got to 0.34%. It's like the short interest Auric - now that ATG stock is at 12 7/8 (only 7 weeks later, I might add - and by no means achieved in one or two big spikes -- a steady rise since the SEC approval of VTS was issued on 3/24)), the short interest has probably quadrupled or more. And institutional investment in ATG is now, for the first time, becoming possible - it has closed at 10 or more for 15 consecutive trading days. It still has no revenues, so the number of funds and institutions making the investment in ATG at this point is probably still limited - not many institutions invest in development stage companies. But after July 1, watch out. And even before July 1, consider whether Bill Uchimoto's speech at a national meeting of Public Employee Retirement System money managers isn't leading more than a few other institutional investors to look not only at ATG's premier trading system, VTS, but also at ATG's stock. MST