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Non-Tech : Knight/Trimark Group, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Patherzen who wrote (1545)6/10/1999 12:01:00 PM
From: Kip518  Read Replies (1) | Respond to of 10027
 
The largest Nasdaq market maker, Knight-Trimark (NITE: news, msgs),
says it will unveil a Web site for trading this autumn. "We think there will be a tremendous opportunity to take business away from the New York Stock Exchange," Knight-Trimark's executive vice president Walter Raquet this week told West Coast fund managers in San Francisco.


cbs.marketwatch.com



To: Patherzen who wrote (1545)6/10/1999 12:17:00 PM
From: marketbrief.com  Respond to of 10027
 
patherzen i dunno anything about your sis's objectives and ability to take risks and time horizon... but if she's got extra money and can afford to lose some in the short term and plans to hold for the next 20 years I would say go ahead and buy some. Depends on individ's own circumstances.



To: Patherzen who wrote (1545)6/10/1999 12:23:00 PM
From: freeus  Read Replies (2) | Respond to of 10027
 
The large brokers rate nite D because of its high beta. A high beta stock trades violently more than its index. 1 is normal. A beta of one means when the market goes up 3% your stock goes up3% or thereabouts, when the market goes down 3% your stock goes down 3% or thereabouts. Last I looked Nite's beta was 2.2 which means it goes up twice as much as the index and down twice as much. That makes large brokers nervous and they dont like stocks like that.
Freeus