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To: Salt'n'Peppa who wrote (2024)7/7/1999 12:38:00 PM
From: Wally Mastroly  Respond to of 10027
 
Online trading growth slowing - per CSFB's analyst Bill Burnham:

cbs.marketwatch.com



To: Salt'n'Peppa who wrote (2024)7/7/1999 2:19:00 PM
From: Sir Francis Drake  Read Replies (2) | Respond to of 10027
 
Salt'n'Peppa, the retreat to $59 and below, was indeed short-lived. If I may hazard a guess, I think these may be the last chances to buy NITE below $60! It looks to me like the stock is "working through" the 60-62 level, and soon will move decisively beyond this. Going forward, it looks to me like the market will continue a bullish pattern, at least through July and that would include NITE's earnings, so NITE should benefit from the trading environment. According to money-market data for last month, there is still quite a bit of money side-lined, and at some point, it will be put to use in the market, especially if the long-bond rates stabilize. I bet some of that money will flow to NITE!

Good luck!

Morgan