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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: Anthony@Pacific who wrote (97)1/22/1999 11:59:00 AM
From: Burton Waxman  Read Replies (1) of 10027
 
Tony, you really shouldn't try to scare away the investors from nite. Assuming all these shares come off their restricted status, I doubt that the owners would be willing to sell. What other internet type growth has a foward P/E of about 25? Nite seems to be coupled to AMTD and EGRP, but I think is fast de-coupling. Egrp has risen about 350% while NITE has risen only 50% when I started following these stocks about 2 month's ago. NITE is a bear trap right now and you're encouragement to the longs to sell besides losing an opportunity is also convincing some shorts to sell. They will get hurt. Do you care or are you trying to make a buck or two, closing your position and disappearing?
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