Anyone have experince/knowledge of this group? Appreciate comment feedback. I think Pasternak has some colourfull history
Knight/Trimark Group, Inc.
Newport Tower, 29th Fl., 525 Washington Blvd.
Jersey City, NJ 07310
Phone: 201-222-9400
Fax: 201-557-6853
IPO
INFORMATION
--------------------------------------------------------------------------------
Filing date:
May 1, 1998
Expected IPO date: Week of July 6
Proposed ticker: NITE
Exchange: Nasdaq
Proposed offer price:
$14.00 to $16.00
Shares offered (mil.): 10.0
Post-offering shares
(mil.): 51.429
Offering amount
(mil.): $150.0
Underwriters:
BancAmerica Robertson Stephens; Merrill Lynch & Co.; PaineWebber Incorporated; ABN Amro Incorporated; Southwest Securities
The Knight/Trimark Group is a securities broker dealing in OTC and exchange-listed stock. Subsidiary Knight Securities deals in 4,200 equity securities listed on Nasdaq and on the OTC Bulletin Board of the National Association of Securities Dealers. Trimark Securities sells New York Stock Exchange- and American Stock Exchange-listed equity securities in the third market, which is made up of non-exchange-member broker-dealers trading exchange-listed securities over the counter. Knight/Trimark can process up to 500,000 trades daily. The company reaches potential customers through direct-response and online advertising directed at the securities industry. The company's customers include PaineWebber, Merrill Lynch, E*TRADE, and AmeriTrade.
Key People
--------------------------------------------------------------------------------
CEO: Kenneth D. Pasternak
CFO: Robert I. Turner
HR: Stephanie Bernstein
Key Numbers
--------------------------------------------------------------------------------
Fiscal Year-End: December
1997 Sales (mil.): $226.7
1-Yr. Sales Change: 22.4%
1997 Income (mil.): $50.1
1-Yr. Income Change: 36.2%
Employees: 337
|
