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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: LLCoolG who wrote (4516)10/2/1999 10:37:00 PM
From: BWAC  Read Replies (3) of 10027
 
Oh I just got to chime in here:

<<sold my shares this week at $29, taking a fairly nice loss, to buy DCLK.>>

Yeah Boy. Invest, errrr I mean gamble right on. We need look no further that that one statement to see what the whole trouble is with the market. Its this type of counterintuitive thinking that allows profitable companies like NITE to fall to these levels. Sell profitable NITE at 29, with a less than growth rate PE of 26, and take a loss even, and then Buy money losing DCLK at some ridiculous price way above $100? Good grief!?! Give me a break. And you have to be kidding.
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