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

To: Sir Francis Drake who wrote (2506)	7/19/1999 2:43:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 10027

Morgan.. P&F is based soley on intraday prices but rounded off...no halfs quarters etc... NITE had a recent sell signal at the end of June at 52/50ish...i have that as hard support, like a test of that support..if we hold..which i think we will, then we should reverse up...any 3 box reversal in P&F is 3 points when a stock is under 100... right now..the low print today for P&F was 53, not 52 5/8...so if NITE holds here, a 3 box reversal UP is 56..., 58 would be a new buy signal it would break a double top in P&F speak<g>....and 65 would be a second buy...

To: Sir Francis Drake who wrote (2506)	7/19/1999 5:42:00 PM
From: Gary Korn	Read Replies (1) \| Respond to of 10027

Morgan, For what it's worth, I'm quite bullish on NITE long term and, if it drops a few more points, would look at that as an opportunity to buy more. Over time, given various positives listed below, I think that this stock just has to increase in price: 1. Increasing NASD and OTC volumes. NITE already is planning for substantially greater volume. That translates into greater revenues. 2. The trailing PE may be 80, but the forward PE is 40 or less. With another year of improved revenues and earnings, I just don't see this stock trading at a trailing PE of something less than 40. 3. NITE is just now moving into international markets, with additional volumes there that will flow down to the bottom line. NITE, in my opinion, is a money making machine. One that appears well managed on top of everything else. I'm willing to hold it over time. Eighteen months from now, it will be interesting to see what it is worth. In fact, I look at the opportunity with NITE to be equivalent to (indeed better) than the lost opportunity I had with AMZN (I should have bought AMZN at a split adjusted 13, but missed the boat). Gary Korn