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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 (3757)9/2/1999 9:58:00 AM
From: Gary Korn  Read Replies (2) of 10027
 
Looking at the July/August numbers posted yesterday, volumes on the NYSE and NASD are flat to only very slight down from 2Q to 3Q, and this assumes a September with volume as the same pace as the average of July/August. If that were it, we could see earnings at or near the 2Q number of .43.

However, the problem seems to be OTC volume, which is down about 28% Q to Q (assuming September goes at the same slow pace as July and August).

I'm trying, now, to figure out what percentage of the company's earnings is OTC-related. I'll make a few calls.

Gary Korn
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