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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: CanynGirl who wrote (1115)5/19/1999 2:40:00 AM
From: Sir Francis Drake  Read Replies (2) of 10027
 
CanynGirl - right on! That's exactly what I saw too. I tracked it on the LII all the time. Question, what does it mean? Also, if you noticed, Monday NITE trading was peculiar. NITE was up a lot earlier than many other net stocks, and went up quite high. Then it sold off toward the end of the day dramatically, so that it closed up by only 2 points or so ("only" compared to how high it was earlier on). Meanwhile, other net stocks only got stronger toward the end of the day. Sure feels like some kind of damper is put on NITE. What I can't figure out is whether this is big guys selling off for some reason we'll soon find out, or... what exactly? Strange, considering you'd think there'd be good news Wednesday, so why sell off (or is it selling into strength? Sell on the news?). Beats me. Guess we'll find out what all this is leading to.

Morgan
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