Knight/Trimark Group, Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Knight/Trimark Group, Inc.

KCG 20.00

0.0%

Aug 17 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bob Kim who wrote (3980)	9/15/1999 6:11:00 PM
From: Herschel Rubin	Read Replies (2) of 10027

A different perspective from Yahoo re: Q3 earnings estimates when compared to Q1's $0.34 earnings relative to lower trade volume: messages.yahoo.com Research facts from OTC & NASDAQ....... by: raa_vango 84046 of 84069 NITEs EPS estimate at 31 cents for this quarter is less than the first quarter EPS of 34. NITE executed about 3.5 Billion shares on OTC in the first quarter. NITE is on pace to make 5.5 Billion shares on OTC in the 3rd quarter. That is 60% increase in shares. Come Nasdaq, NITE in the first quarter had about 4.5 Billion shares executed on Nasdaq. NITE is on pace to execute 6.5 Billion shares in the 3rd quarter. That is a 45% increase. Total transaction volume in the first quarter is 8 Billion shares. Total transaction volume in the third quarter is 12 Billion shares. That is a 50% increase in shares executed. First quarter EPS was 34 cents/share. Add a 50%, well little too much haa, let us say 30% i.e., 10 cents. That should give NITE a good 44 cents/share for the quarter. Any questions or comments, first check the otcbb and the nasdaq trade volume reports. VANGO. ______________________________________________- BTW, Bob Kim, No need to answer my question about timing of analyst estimate changes. I saw them on Bloomberg.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next