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: mnreddy who wrote (3632)	8/25/1999 6:38:00 PM
From: Herschel Rubin	Read Replies (1) of 10027

Murli, I generally don't focus on stock splits, rather on share appreciation and stock splits are (IMO) a gravy by-product of explosive growth. While stock splits do generate a degree of enthusiasm, I believe their significance is overrated and I never invest with the hope of a stock split as an overriding factor. Short term, I'm expecting some favorable news to catapult NITE back into the 40's where it belongs. Whether it be the forthcoming partnership announcement with Merrill (according to TheStreet.com, however reliable that is...), or NITE's new marketing thrust, or some announcement of partnering with ECN's that clearly defines (for investors and institutions) just how NITE and ECN's will work together, not against each other. There has just been too much negative press in this sector. It's time for some good news to come out, and I read NITE mgmt's silence as a plus because this is a smart company and they're working on something. As for long-term, my guess is that the analyst's lowered NITE price targets (in the $60's) will easily be beaten as events like the (hopefully) upcoming Merrill announcement can drastically change the landscape in a New York Minute.

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