Investment Technology Group (ITG) Message Board

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Technology Stocks : Investment Technology Group (ITG)

ITG 30.23

0.0%

Feb 28 4:00 PM EST

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To: AJ Berger who wrote (35)	5/3/1999 9:05:00 PM
From: Christine Kellstrom	Read Replies (2) of 70

To begin with, ITGI has been spun of from Jeffries, and is now ITG. It is listed on the NY Exchange rather than the Nasdaq. I would start a new thread if I knew how. I think that this stock is very undervalued. Their earnings have been very good - up 40%, as well as revenues. Their 'compatriot' (?) Nite has gone from 15 to 115 and is splitting 2/1 soon. They have only 29m shares outstanding so there is certainly room for growth. The spin-off was priced at 40 and the stock has drifted downward ever since. With a P/E of 15, I find this hard to understand. On this thread, they don't even have the new symbol...what's up? Can anyone answer and tell me how to get it started correctly on the new track. Cris

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