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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: Sir Francis Drake who wrote (2308)7/13/1999 5:12:00 PM
From: mnreddy  Read Replies (2) of 10027
 
Morgan, I have been with NITE since Christmas(actually I thought it was my Christmas gift). I have been involved with markets for 5+ years now. I took short term, intermediate and day trade approach for several years(I even traded futures). After all the trouble, I realized that, only long term approach can make you _WEALTHY_. I mean enjoy the real wealth for generations with the mighty power of compounding factor.
You can make real killing(like DELL, Msft et all) when you buy a stock at the beginning. I am tempted to qualify NITE as one of those long term, once in a life time companies. I am so tempted(let me put it this way, I saw the potential) with NITE, I ignored the basic rule of investing which is _DIVERSIFYICATION_ and accumulated to the tune of 20,000 stocks.( of course I will get into the act of diversification now).

I would like to hear from you with critical analysis.

regards
Jewel_finder

p.s: these are the stocks I would like to qualify for long term investing.
BRCM, QCOM, ATHM, OTEX, CTXS, RNWK, CSCO, MSFT, SUNW, NITE, CMGI, AOL, YHOO, PFE, AMGN, AMZN. This is still an in-complete portfolio.
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