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To: LLCoolG who wrote (2535)	7/20/1999 12:05:00 AM
From: Lee Martin	Respond to of 10027

Hi LL, Yes, I feel better now. I bought NITE the day we got the first good CPI number over a month ago at 48. I was in cash prepared for confirmation of the bad CPI from the prior month. I knew we would rally into earnings and it was a choice between LU and NITE. I threw the kitchen sink at NITE 48, 50, 55 for all the reasons you cited and more. NITE was the best stock I could find. I've made a lot of $ by getting into the market ahead of earnings rallies by finding the bellwhether with the best FA and using TA to time the entry point. I screwed up by not buying LU. I shouldn't have even been looking at NITE because it's not a bellwhether (give it a few years and it might be). The FA on NITE just looked too good to pass up and here I am hoping for a miracle. At least I wasn't dumb enough to go on margin on this one, so I'm not selling, and might be buying when this thing turns around. Hopefully sometime this year? Regards, Lee

To: LLCoolG who wrote (2535)	7/20/1999 7:48:00 AM
From: Bo Didley	Read Replies (2) \| Respond to of 10027

Anyone remember NTBK (netbank)? Its ready to move again. Put it on watch list. bo

To: LLCoolG who wrote (2535)	7/20/1999 4:20:00 PM
From: Herschel Rubin	Respond to of 10027

LLCool: I think we all have to realize that this thread is populated by a variety of investors/traders with different investment horizons. The short term traders are destined to be interested in analyzing every tick because that's crucial to success. I, for one, find most of it interesting. This is a far better board than the Yahoo NITE board which is full of inane chatter with only about 7% decent information. We should be thankful for that. If you simply want to discuss purely long-term fundamentals, there will probably be just a few posts a day as the fundamentals do not change significantly on a daily basis. SirFrancisDrake: The selling by INCA (against support we're seeing today from MLCO and FBCO) may be due to Margin-related selling by those traders who bought on full margin when the CMB buyout rumor sent NITE up to $64. NITE's subsequent price declines triggered margin calls for these people. Each day we closed lower this week, more "margarine" calls were triggered. I would assume the short-covering at the end of today was offset by further margin liquidations prior to the close: I posted on Yahoo's NITE board (AlanGreenSpam) more details about margin-related selling: messages.yahoo.com If NITE closes over $60ish in the next day or so, the margin-related selling will vanish. The good thing for NITE longs is that today's market downdraft occurred TODAY and not tomorrow. Suppose NITE had good earnings tomorrow, but had to struggle against today's market backdrop, it would make minimal headway. NITE showed good relative strength today, being down only 1.6% compared to the OLB's for example who are all down about 4% (NDB -6%). As are MSFT (-5%), IBM (-6%), etc.