Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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

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To: Michael Berkel who wrote (22298)	1/18/1999 8:00:00 PM
From: Teri Garner	Read Replies (2) of 120523

Yes, NITE is a company with solid balance sheet AND earnings. Robbie Stephens wrote a very bullish report on NITE and it's position to grow as online trading proliferates. Revenues for 99 are expected to be around half a billion. This is from a recent press release: >>''The on-line Internet trading has been fueling our growth since Knight Securities, Inc., began in July, 1995. Between October and December 1998, Knight experienced a 58% growth in total transactions,'' commented Walter Raquet, Chief Operations Officer of Knight Securities, Inc. ''We execute nearly half of all the Internet equity transactions and the majority of our transactions come from the Internet,'' added Raquet.<<

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