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: oilbabe who wrote (3340)	8/10/1999 10:07:00 AM
From: Gary Korn	Read Replies (1) of 10027

Merrill Lynch has a 1999 earnings estimate of $1.62 (they are always conservative). Using that number, NITE's PE is 18.36 with the stock trading at 29 3/4. Merrill has a 2000 estimate of $1.95. Using that number, NITE's forward PE is 15.25 with the stock trading at 29 3/4! I averaged down again at 29 3/4. Gary Korn

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