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

To: Joseph Silent who wrote (2221)	7/11/1999 3:45:00 PM
From: oilbabe	Read Replies (2) \| Respond to of 10027

Joseph: I'm not quite sure that we are all expecting that number of shares to shake loose this week or even next week. We are not talking about "SATH" here. This is a real company with growing earnings, great European and Asian growth potential, with a market niche that is hard to compete with. If the thought is that NITE is highly overvalued and a real pump and dumper, then, yes, those shares will hit the market hard. The holders will sell at any price. On the other hand, would talent like Karsh and Hewitt have come on board so recently if they thought this was a one way train ready to derail? Not likely. Might some shares come to market? absolutely, but I would be shocked to see anywhere close to 60 million hitting the tape. Frankly, the HUGE wall of worry both here and on YAHOO, (once you sort through the maniacs over there) makes me think this stock could really take off!

To: Joseph Silent who wrote (2221)	7/12/1999 11:02:00 AM
From: SJS	Respond to of 10027

Joe, There are NOT going to be 60 million new shares loose this week. First, many company executives and inside holders are in the quiet period, and can't sell it even if "unlocked" tomorrow. They have to wait for the Q2 quiet period to end, which is typically 36 hours after the earnings announcement. Second, as others have indicated, while not cheap or inexpensive, NITE is still expected to have a teriffic Q2 earnings event, and then it becomes Management's challenge to show us that it will continue. Massive insider selling would raise a few eyebrows, and would put their credibility on notice. I believe that management will execute a reasonable plan to take some gains as well as not appear to be "cashing out". IOW, it can done effectively as to not roil the markets. Traders will have their way with this stock, so...... if that's the kind of stock this is, then prepare yourself for trading it. Set tight stops and know that it can go down as fast as up. If you're a LT investor, I wouldn't watch it gyrate, it will only make you ill. Steve