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To: Joseph Silent who wrote (2306)7/13/1999 2:18:00 PM
From: nokomis  Respond to of 10027
 
Think Sir Frances may be on to something...lunch break over and NITE looking stronger with bids increasing....hoping...



To: Joseph Silent who wrote (2306)7/13/1999 4:28:00 PM
From: Sir Francis Drake  Read Replies (1) | Respond to of 10027
 
Actually, Thompsons is worse today than yesterday - two big "super sell orders" though also some "super buy" orders:

thomsoninvest.net

I'm not sure NITE turned the corner. It's nice NITE did not close down too much, but too bad it didn't do an AMTD. It held above 55 - but barely.

The selling is still with us. Mostly it is done by FBCO who had an endless supply of shares - they kept the ask at 55, often alone, refreshing their quote over, and over, and over - all in the teeth of demand from ISLD. Looks like the demand is coming mostly from retail (through ISLD). Throughout the day I saw block sell orders, usually 10K, occassionally 25K. So, the selling is going on, definitely. Is the end of this near? Hard to say, but whatever rotten thing has been going on with NITE, has still going on.

Morgan