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

To: Dr. Seuss who wrote (1372)	5/26/1999 1:39:00 PM
From: Jim Cash	Read Replies (1) \| Respond to of 4443

The only remaining problem is my wife went on a diet....She only weighs 100 lbs...:).. Still see this as a healthy correction, todays low was almost exactly a 2/3 fib retracement of the prior low and the high.. Bottom line, still healthy....

To: Dr. Seuss who wrote (1372)	5/26/1999 2:11:00 PM
From: Zebra 365	Read Replies (2) \| Respond to of 4443

I see a stock that is roughly doubling every 30 days. I can think of little news that could occur in the next thirty days that will reverse this trend. I agree, after that, the use of VWAP will tell us the real story. Gomez is a nice kicker, but for all its high profile, the possible Gomez IPO is not driving the price here IMHO. If I was a short term long, I would trade in and out on these spikes. But if I was short term short, I would worry about the bigger trend. I'm in for as long as the basic trend lasts, whether that is short or long term is up to the company, not me. If you are betting black and red on the roulette wheel, (and lets face it, buying stock in a company in the development stage is a bet on future events that have not yet occured, not an investment in an ongoing revenue stream) and black comes up three times in a row, what do you bet on? Well, a lot of people will say, Bet red, red is "due". I say, you bet black or you don't bet at all. You can kill yourself trying to beat a streak, and in this market you can get crushed by momentum if you try to predict when it will run out. The fundamentals of this stock have not changed in the past 60 days, but here it is trading at a four to five multiple of its past price, it closed at 2 13/16 on 3/26/99. What do you bet on? Zebra