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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: GS_Wall Street who wrote (6997)1/26/2000 11:47:00 AM
From: XBrit  Read Replies (4) of 10027
 
Possible explanation for Bear Stern's vindictive action. From the Yahoo board, one of the gems among the trash. I suspect this person is a brokerage industry insider.

The TRUTH about Bear Stearns & analysts
by: smaart_guy_too
1/26/00 11:27 am
Msg: 143330 of 143359

Bear Stearns as a firm has had a terrible relationship with NITE, as NITE recently disposed of them for back-end clearing in favor of Merrill Lynch, with whom they have a great relationship.

Usually these firms don't allow analysts to rip on companies, but in this case, Bear would allow it. The analyst does not have a clear understanding of NITE's business, nor did she ever understand. She's just trying to make a name for herself. I GUARANTEE you will be kicking yourself if you don't buy here.
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