Knight/Trimark Group, Inc. Message Board

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Non-Tech : Knight/Trimark Group, Inc.

KCG 20.00

0.0%

Aug 17 5:00 PM EST

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To: Joseph F. Hubel who wrote (907)	5/6/1999 10:42:00 AM
From: freeus	Read Replies (2) of 10027

HI Joseph: Another see saw morning. I have my annual report on Knight-Trimark. First of all I was pleasantly surprised to see that the "Trimark" part does business with NYSE small cap and AMEX: I thought NITE was just Nasdaq market makers. Now, I am just beginning to learn how to read and understand annual reports. The revenue growth and income strides NITE has made are astonishingly good. What I am wondering is, should the "profit margin" be increasing more than it is: with revenues growing at 50% (wow) shouldnt pre tax profit margin be up more than 3%? I realize that with increased revenues goes increased expenses but.... What do you think? Freeus

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