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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: Shane M who wrote (23)11/10/1998 3:36:00 PM
From: Alec Atkin  Read Replies (1) of 10027
 
Shane,

I agree that 30 may be too high but it seems that 20 might be a realistic possibility with the announcement of the ISE. I had originally used 15 as a conservative estimate when purchasing the stock.

While the new exchange will create more volume, I am not sure how to evaluate the new market size and possible revenue created for NITE. NITE should be able to make/lose money two ways: by acting as a market maker and taking any profits the exchange will make.

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