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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: Jan Crawley who wrote (4573)10/4/1999 12:39:00 PM
From: gbh  Read Replies (1) of 10027
 
Of couse, if we have a bullish sentiment tomorrow(the rates issue), then Nite can go up $10 from here fast.

Jan, I'm not sure we get any big, quick moves to the upside from here. Earnings estimates have been slashed for the second time. Its positive that the stock, is not behaving too badly here, however, its still down, when the rest of the financials are rallying.

IMO, the short-term upside in this stock is limited. This could change, but I think longs are looking at 3-6 months minimum for any sustained 10 point moves from here.

Gary
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