SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Knight/Trimark Group, Inc.
KCG 20.000.0%Aug 17 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: T-Lo Greens who wrote (63)1/21/1999 12:06:00 PM
From: Thu Ra Tin  Read Replies (1) of 10027
 
NITE Robertson Stephens revised 1999 estimates to $1.43

Robertson Stephens revised 1999 estimates from $1.14 to $1.43 which
translates into a P/E of approximately 28. Given the Company's
growth curve, you make the judgement on whether the stock is priced
correctly.

They continue to maintain a buy rating and had the following
summary comment:

"In sum, Knight/Trimark's record breaking quarter beating even our
4Q99 topline number, we are comfortably raising our 1999 estimates
to $542 million in revenue and $1.43 in EPS. With such positive
momentum growing from onliine trading creating a bigger book for
NITE, and the company's continual investment in personel and
technology, we believe the company will continue to deliver superior
results to investors in 1999 and 2000."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext