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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: Sly_ who wrote (4776)10/10/1999 10:38:00 AM
From: Gary Korn  Read Replies (1) of 10027
 
Why did TDW unload 8 meg shares? (EOM)

Sly,

Maybe it needed the money. The gain doesn't count (for earnings) until it is realized. In contrast, I've heard several times that AMTD would rather borrow money than sell its NITE shares.

Gary Korn
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