SI
SI
discoversearch

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: Herschel Rubin who wrote (2763)7/25/1999 2:46:00 PM
From: Brasco One  Respond to of 10027
 
"While shares of e-brokers like E*Trade and AmeriTrade change hands at frightening
triple-digit multiples, the stock of solidly profitable Knight/Trimark have an earnings multiple
of just 30, which might seem stingy in light of the firm's 300% annual growth rate."


sounds good to me!



To: Herschel Rubin who wrote (2763)7/26/1999 3:20:00 PM
From: xbrent  Read Replies (1) | Respond to of 10027
 
NITE will have lower margins because of ECN's. Also as the markets trend downward this quarter, overall trading volume will decline also and further decrease NITE's profits. The average electronic trader will stay out of the market until the slide is over. Most don't short or even know how to short. Alot of NITE's volume is from the average electronic trader. Volumes will return probably after Labor Day IMO.