Knight/Trimark Group, Inc. Message Board

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Non-Tech : Knight/Trimark Group, Inc.

KCG 20.00

0.0%

Aug 17 5:00 PM EST

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To: Muthusamy SELVARAJU who wrote (2219)	7/11/1999 1:33:00 PM
From: oilbabe	Read Replies (1) of 10027

Concerning the report from Merrill, I doubt that had much to do with the move, since the report came out of Thursday, and NITE traded over $63. on Friday before the drop. I think a lot of stops were hit on Friday, causing more selling, causing more stops causing more panic selling. Not unusual in volatile stocks. We shall see in the next few days. I agree that NITE needs to recover from this. Art Hogan, guest host on CNBC tomorrow has been a proponent of NITE in the past, and we sahll see what if anything he has to say tomorrow am.

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