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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 (3435)8/11/1999 9:10:00 PM
From: S. M. SAIFEE  Read Replies (1) of 10027
 
Morgan,

I do not understand that short was not due to deterioration in NITE's fundamental (Which does not seems to be a reason)
It seems strange that every body jumped on shorts band wagon because company had no buy back program. Do you smell any deterioration in company's bottom line as of June 30? I still think the drop was due to anticipation of 10Q report and may be to some extent was aided by no buy back from the company. Now since the report is out we should see real action tomorrow. I still think company's fumdamental will prevail. 32 is a bargain price.
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