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

To: Lee Martin who wrote (2534)	7/19/1999 11:37:00 PM
From: LLCoolG	Read Replies (3) \| Respond to of 10027

Lee, I think you are getting worked up over nothing. EGRP reported a loss for this previous quarter. NITE will post a profit this year of around $1.40, from what I have read. NITE has extremely positive cash flow. Big time. The fundamentals of this company look just llike Dell's did about 30-36 months ago. Just buy it and relax. There is no conspiracy, no "manipulation" that seems to have grasped this thread's psychie by the throat. If you look at the tech market as a whole, it is not acting as we have come to expect, with a run around earnings. That is why the stock is not exploding like usual during this quarterly cycle-nothing really is. I have been reading here how all the OLB companies are reporting good numbers, but with their warnings are being punished. I am also reading here how NITE is trading in line with the OLB companies. Well, IMO, the income statement and cash flow statements are vastly different between this company and the other OLBs. They are in separate leagues. In addition, it appears that the market making division of the OLBs have exhibited staggering growth and striong earnings. In fact, I think it would be tough for those other OLBs to survive much longer without market making operations. NITE specializes in market making operations. They should have a blowout quarter. If the stock price does not react well, it does not take a rocket scientist, or someone who deludes themselves into thinking they are a great day-trader or smarter than the market to understand that at some point, the strong cash flow will allow this company to substantially expand and grow vigorously. In other words, there are many better vehciles for short-term trading. Be patient with this stock and you will be happy in the long run. It is futile to track it every day, just like thr rest of the tech sector except for MSFT lately. Hope this makes you feel better. G