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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: Bob Kim who wrote (4629)10/5/1999 12:12:00 PM
From: Gary Korn  Read Replies (2) of 10027
 
IF the latest round of estimate changes turn out to be in the ballpark, I wouldn't be surprised if some analysts (with the higher numbers) lowered their ratings to reflect lower growth rates and price targets.

Bob,

Yes, from buy to accumulate. I could see that as well. MER has had NITE as an accumulate all along. Once again, the analysts tend to move down as a herd just when the time to buy may actually have arrived.

Gary Korn
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