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


To: Kenneth R Miller who wrote (2470)7/18/1999 8:02:00 PM
From: Sir Francis Drake  Read Replies (1) | Respond to of 10027
 
Hey Ken, I'm an eternal optimist, but you tell me... *all* OLBs sold off after earnings, no matter how good. How enthusiastic are people going to be to run it up Mon and Tue, when they fear that Wed is going to be a big dump? I'm sure the earnings are going to be just outstanding. But so what? SCH report was great, look what it got them (so they'll have thinner margins, so what - they are also spending on infrastructure and growth, but that should be positive). Unfortunately the market has a very short time horizon these days.

The hope is that somehow the report will be so good that NITE will actually rally after the earnings, *unlike all* OLBs. If only the market were that discriminating. For whatever reason, NITE is lumped together w/ OLBs and that's that for now. Well, we can always hope, and see what happens.

Good luck!

Morgan