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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (8174)2/2/1999 9:42:00 AM
From: moby_dick  Read Replies (1) of 122087
 
<NITE> News from briefing.com:

09:25 ET Knight/Trimark Group (NITE) 47 1/2: Shareholders looking to take advantage of recent run-up in stock. This morning, the leading Nasdaq market maker announced plans to sell 9 mln shares, 2.4 mln by company and the remainder by shareholders. Move would almost double NITE's float, which currently stands at 10 mln shares. NITE shares up from $5 since October. Interestingly, several leading online brokers selling their stakes in the company. Stock indicated 1 pt lower this morning.
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