SI
SI
discoversearch

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


To: Sir Francis Drake who wrote (2139)7/9/1999 3:21:00 PM
From: SJS  Respond to of 10027
 
This is the NITE rumor? It should be going up, not down:

Knight/Trimark (NASDAQ: NITE) will receive a $75 bid from Chase-Manhattan (NYSE: CMB).




To: Sir Francis Drake who wrote (2139)7/9/1999 4:23:00 PM
From: nokomis  Read Replies (2) | Respond to of 10027
 
Dear Sir: Yes, I'm very, very long on NITE and your theory is blown out of the water if you look at chart of FORE before it was taken out. I wa SO tempted to buy in when it suddenly dropped to $13 (my hubby did - yeah!!) but I didn't have the nerve. Low and behold, buyout @ $35 happened a few weeks later.

IMO, the market knows NITE will have blowout earnings (look at NDB), but it's my hope the runup on anticipation has just been delayed until next week. Add to that the $75-90 offer rumour (Chase or otherwise) and I'm just thankful I didn't do any panic selling today.

good trading,
NOK