Hi Small, haven't seen you over at the AMAT thread in awhile after you dipped in at 42. Congrats on the increase since that time. I am a new long on NITE now to get a little internet play since the Semi Equipment sector is soooooooo boring. <gg>
First article I see on NITE since is the following. Oh well. Jeff
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Knight/Trimark Shareholder E*Trade, Others May Sell, WSJ Says
Jersey City, New Jersey, Jan. 19 (Bloomberg) -- Knight/Trimark Group Inc.'s major shareholders, including E*Trade Group Inc., Ameritrade Holding Corp. and Toronto-Dominion Bank's Waterhouse Securities Inc., may sell their stock in the company, the Wall Street Journal reported. The 180-day period during which Knight/Trimark's 26 broker-owners are restricted from selling shares expired this month, and Deutsche Bank Securities analyst James Marks said he expects E*Trade and Ameritrade to sell all or a portion of their holdings. The sales could cut Knight/Trimark's business, as the brokerages lose their incentive to use the company to execute stock orders, the newspaper said.
The five largest customers of Jersey City, New Jersey-based Knight/Trimark, the largest market maker in Nasdaq securities, account for about one-third of all its orders.
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