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Technology Stocks : Roaring Internet Stocks

YHOO 52.58

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Jun 26 5:00 PM EST

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To: Jim Durward who wrote (499)	12/28/1998 5:18:00 PM
From: Michael Berkel	Read Replies (1) of 1530

Why NITE will continue to climb. What is the latest declaration of e-commerce? INTERNET BROKERAGES. AMTD, EGRP and SCH have risen sharply and will fly higher!! But...what if you could invest in a company that both E-Trade and Ameritrade send virtually all their orderflow to??? NITE (Knight/Trimark Group) are the Marketmakers who benefit from an increased reliance of people to online brokerages and MORE people entering this market daily. Low float, stock buyback, $140 mil in cash NITE's last quarter earnings were extremely strong. NITE reports earnings again in January and I believe this quarter will be extremely strong. Let's face it, everyone jumped into the market from October 1998-January 1999. And that means orderflow was tremendous for NITE NITE actually have earnings. P/E of only 24. So if you are like me and hate it when you see nothing but buy volume on a stock only to see the Marketmakers lower the bid/ask..instead of cursing them next time. Invest in them. They OBVIOUSLY know what they are doing and have the edge on you. Copyright: ++StockGuru++

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