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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: oilbabe who wrote (2262)7/12/1999 6:59:00 PM
From: Joseph Silent  Read Replies (1) of 10027
 
Oilbabe.....

I took your suggestion.

I started my first position today around 55-5/8. We don't
know if there is more downside, but I'm prepared to see 50.
I don't believe it will get much worse, because this stock
has been through the wringer recently. I can't help feeling
now that all the news is almost (if not already) accounted
for in the price.

But still, there is that CPI and PPI stuff to contend with.
We are being lumped together with the OLBs and the Financial
sector after all. I wonder how much the new index stuff
affects us. Given that we've waited so long, we may as well
sit through Friday and see what Monday has in store.

I recall someone saying that the stock took off only AFTER
earnns last quarter. Is that right?

Thanks, Joseph
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