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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: freeus who wrote (689)5/3/1999 6:53:00 AM
From: Joseph F. Hubel  Read Replies (1) of 10027
 
Freeus,

I know that greedy feeling (G). I bought more on Friday @152 1/4.
Thought it was the low but then it went to about 147. Stock seems to be the lowest after the the opening surge sells off and during the noon hour. We have the advantage of averaging IN and as opposed to those in "other stocks" that must average down.(G)

Not sure you will get hurt in the long run at any price today. Every
where I go NITE is the HOT ONE and a must have stock. Check the Motley Fool, Raging Bull and Yahoo threads. Just this morning I got the Stock Market Weekly - from Liberty Research and it is their pick of the week. It's almost scary.

Here's a thought to make you salivate. 500 shares today becomes 1,000
on 5/14. Another similar split at the next earnings will give you
2,000 shares; if the stock then runs to $100 you will have $200,000 worth of NITE. If your current cost average is $100 for simplicity, your then cost per share would equal only $25. The crazy part of the equation then means when the stock goes up or down 20-30 points during wild swings it will translate into value swings of $20,000 to $60,000 a day.

Do you think making or losing $20-60 thousand a day will keep you on the edge of your seat? Of course by then the added liquidity and broader ownership should ease the volatility and big price swings.

If over the next 40 months we get the same price appreciation that DELL got of 3,705%, we will all retire! Some Big IFs.

JFH
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