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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: Esway who wrote (4257)9/22/1999 4:26:00 PM
From: HeatherN  Read Replies (2) of 10027
 
I agree with your comments...Although brokers have been around for an eternity, OLBs must be judged as a new and separate industry/category rather in the same way that the market has evaluated Amazon v. neighborhood bookstores. In the first half of this century, there were over 200 automobile manufacturers....now only a handful. New industries/categories naturally go through a Darwinian type of consolidation. The strongest will survive. This will be seen globally throughout internet based/benefitted companies. Part of the appeal of NITE is that it is not an OLB, but will most likely benefit from whichever OLBs survive.

HeatherN
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