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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote ()11/18/1999 10:15:00 AM
From: vestor  Read Replies (1) of 120523
 
NITE - Wall Str.likes the purchase of the Option company. It is immediadely accretive to the bottom line. Also NITE handled 600,000 transactions yesterday. It is very possible that they will blow away current earnings estimates and I do expect further earnings upgrades.

Goldman Sachs this morn gives the Bkge sector a buy rating citing strong volume in the OLB's. The OlB's mostly go through NITE. Further there are predictions that small caps will rally strongly from here however I have heard that before and it did not come to fruition. NITE's Merrill deal alsoappears to generating biz from Mer as well, volumes are well over last years. Good Luck !
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