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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: manny t who wrote (6160)11/23/1999 6:50:00 PM
From: Patherzen  Read Replies (2) of 10027
 
Mannyt...My grain of salt thought
on downside risk of NITE: Since I have bought at 78 down to
27... sold at 48...and (short traded 41+ to sell at 43+ today) you could say I have pretty much seen it all. This is a high beta stock which can move quickly in either direction. It is not for the feint of heart (or margined pocketbook of a college student). There are other plays out there everyday that may be more or less to your taste. At this time barring an overall correction in the market... I am looking to re-enter
a large, long position if I get lucky enough to have it dip to the mid- 30's. Between 36-42 I will day trade. If you add up the + against the - going forward NITE should be a great long term hold. Earnings are not due till 1/20 so alot can happen in the meantime. Keep nimble and Happy Thanksgiving... Patherzen
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