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Non-Tech : Knight/Trimark Group, Inc.
KCG 20.000.0%Aug 17 5:00 PM EST

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To: Wes Stevens who wrote (1930)7/1/1999 7:52:00 AM
From: oilbabe  Read Replies (1) of 10027
 
WES: Here is the info as I know it, which is not a guarantee to be totally accurate! 28% held by management/founders, (35m), 32% held by brokers/dealers, and 40% currently trade. Unlikely they will all sell, but even a small percentage could put some pressure short term on the stock. The stock seems to also have just a bit of resistance up here around 60-61. If we close through that, we are ok. FWIW, I tend to think there may be a small pull back here. Great buying opp though; that's how I build my position. Don't chase, but wait for pull backs which will come. Purchasing managers # comes out at 10:00, tomorrow are unemployment #'s, so volatility will be there!
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