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.

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

To: Jerome Landesman who wrote (2451)	7/16/1999 1:13:00 PM
From: Bob Kim	Respond to of 10027

How do you think the stock will react if the company reports a big 2Q, but suggests that 3Q could be flat or down? Bob

To: Jerome Landesman who wrote (2451)	7/16/1999 1:27:00 PM
From: Joseph Silent	Respond to of 10027

Jerome..... My understanding is that they like to trade options. Apart from the leverage, it enables them to hedge and to be more in control. Sometimes they get squeezed. Depending on the size of position, this can get them going on options-expiry day. I don't think that is the case with NITE. "Someone" seems to be in control, and for a while now. Several people, besides me, have been predicting 55 as a target for today. I don't know for sure where we will close, but there is a reason why we are sitting at 55 now. Joseph