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: Madharry who wrote (4061)	9/17/1999 11:36:00 AM
From: S. M. SAIFEE	Read Replies (1) of 10027

Micron had different problem then. Stock hit 90 and they were expecting next years earning estimate of $ 7.50 which never materialized. Also on it's way down MU had to go out and borrow money to keep up with operating expenses and was also forces to abonden new chip plant. Look at MU now... no earnings and still at 75. Does not make sense. So NITE with no debt and visible earnings of 17 times at 2000 earning does not make sense. Stock will rebound once the hype is over with ECN.

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