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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: Glenn D. Rudolph who wrote (4725)10/8/1999 9:12:00 AM
From: Bob Kim  Read Replies (1) of 10027
 
I am thinking of selling the balance of my NITE and replace it with EGRP.

Glenn,

The OLBs and NITE appear to go in and out of favor as a group and so far NITE hasn't differentiated itself from the OLBs despite its wishes. If you're playing a rebound in the group, EGRP is probably as good a choice as any. As you well know, the full service traditional brokers are less than democratic in helping their clients become wealthy: selective IPO allocations, inequitable research dissemination, etc. I think EGRP has been creative and proactive in filling out its services, including IPO access. BTW, did you notice that MLOL's research component was down most of yesterday and that most of the ML calls you hear about on CNBC never make it to the retail clients.

Bob
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