Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: lee kramer who wrote (46523)	6/25/1999 3:40:00 PM
From: rob g	Read Replies (1) \| Respond to of 120523

hi lee, can't copy and paste right now (it worked this morning) but refer to my post on this thread, #46379. it has a link to a post that refers to possible dilution of NITE coming mid july.

To: lee kramer who wrote (46523)	6/25/1999 3:58:00 PM
From: Burjis S.	Respond to of 120523

LeeK here's the article sorry for the delay: Talk : Brokers/Resources : Knight/Trimark Group, Inc. \| Previous \| Next \| Respond \| To: +Patherzen (1818 ) From: +Muthusamy SELVARAJU Thursday, Jun 24 1999 10:39PM ET Reply # of 1833 Hello, There are a whole lot of lockup agreement shares coming available for sale beginning July 13th. With only (44m) 40% of shares outstanding traded currently, and (32m) 28% held by management/founders and (35m) 32% held by owner-brokers/dealers, it is reasonable to expect that a good number of the shares held away from the open market will come in to dilute any upward pressure you may see on the share price (after the Fed raises rates). Past trading patterns of lockout shares being released on the open market has been quite consistent: a good number is immediately released on the market, and I suspect that in NITE's case the broker/dealer community has have no interest in holding on to the stock as they can just cash in on the tidy profit they already made on the stock. Look for a dip from current levels till end-July, and pick up after at more attractive prices then....then again, post-July will lead us into the traditional summer slowdown.... Good luck everyone!